All Employees: Leisure and Hospitality: Accommodation in Arizona
SMU04000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.80
Year-over-Year Change
0.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the accommodation industry, a key component of the leisure and hospitality sector, within the state of Arizona. It provides valuable insights into the labor market and economic activity in Arizona's tourism and travel-related 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: Accommodation in Arizona metric tracks the number of people employed in hotels, motels, and other accommodation establishments located in the state. This data is used by economists and policymakers to assess the health and growth of Arizona's tourism and hospitality industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state and local governments, as well as businesses in the tourism and travel sectors, to inform economic and policy decisions.
Key Facts
- Arizona's accommodation industry employs over 60,000 people.
- Accommodation jobs account for nearly 30% of the state's leisure and hospitality sector.
- Employment in Arizona's accommodation industry has grown by 15% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the accommodation industry, including hotels, motels, and other lodging establishments, within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of Arizona's tourism and travel-related industries, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State and local governments, as well as businesses in the tourism and travel sectors, closely monitor this trend to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Arizona (SMU04000007072100001), retrieved from FRED.