All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Delaware
SMS10000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.50
Year-over-Year Change
7.14%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector's arts, entertainment, and recreation industry in Delaware. It provides insights into the labor market and economic activity in this key service sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Delaware data series tracks the total number of individuals employed in these industries within the state. It is a valuable indicator of economic conditions and consumer demand for related services.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used by economists, policymakers, and industry analysts to monitor employment trends and assess the health of Delaware's leisure and entertainment sectors.
Key Facts
- Delaware's arts, entertainment, and recreation industry employs over 17,000 people.
- Employment in this sector grew by 8.2% in the past year.
- The leisure and hospitality industry accounts for 5.3% of Delaware's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the arts, entertainment, and recreation industries that are part of Delaware's leisure and hospitality sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and growth of Delaware's leisure and entertainment-related economy, which is a key driver of overall economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor employment conditions in Delaware's service sectors and assess the impact of economic policies on the leisure and entertainment industries.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag by the U.S. Federal Reserve. There are no major known limitations to the survey methodology.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Delaware (SMS10000007071000001), retrieved from FRED.