All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Pennsylvania
SMS42000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.60
Year-over-Year Change
2.94%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of people employed in the arts, entertainment, and recreation industry in Pennsylvania. It provides insight into the state's leisure and hospitality sector and can be used to assess the health of the local economy.
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 Pennsylvania data series tracks the total number of individuals employed in these related industries within the state. This metric is a key indicator of economic activity and consumer demand for entertainment and recreational services.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to understand trends in consumer spending and the broader service economy.
Key Facts
- Pennsylvania's arts, entertainment, and recreation industry employs over 100,000 people.
- Employment in this sector has grown by 20% over the past decade.
- The leisure and hospitality industry accounts for 5% of total employment in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the arts, entertainment, and recreation industry within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and performance of Pennsylvania's leisure and hospitality sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand consumer spending patterns and the overall state of the service economy in Pennsylvania.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Pennsylvania (SMS42000007071000001), retrieved from FRED.