All Employees: Leisure and Hospitality: Food Services and Drinking Places in Alabama
SMU01000007072200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177.80
Year-over-Year Change
3.98%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Alabama. It provides insights into the labor market and economic activity in the state's food service and hospitality industries.
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: Food Services and Drinking Places in Alabama' metric tracks the employment levels in Alabama's food service and drinking establishments, which are a key component of the state's leisure and hospitality industry. This data is used by economists and policymakers to analyze labor market trends and the overall health of Alabama's service sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic conditions and labor market dynamics in Alabama's food service and hospitality industries, which are important for the state's overall economic performance.
Key Facts
- Alabama's food services and drinking places employed over 180,000 workers as of 2022.
- The leisure and hospitality sector accounts for over 10% of Alabama's total non-farm employment.
- Employment in Alabama's food services and drinking places has recovered to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and economic activity in Alabama's food service and hospitality industries, which are key components of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor market trends and the overall health of Alabama's service sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a one-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Alabama (SMU01000007072200001), retrieved from FRED.