Average Weekly Hours of All Employees: Leisure and Hospitality in Connecticut
SMU09000007000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.50
Year-over-Year Change
-4.49%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the leisure and hospitality sector in Connecticut. It provides insights into labor market conditions and consumer demand in the state's service-oriented 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 Average Weekly Hours of All Employees: Leisure and Hospitality in Connecticut metric tracks the average number of hours worked per week by employees in industries like hotels, restaurants, arts, entertainment, and recreation. This data point is used by economists and policymakers to assess the health of the service sector and its contribution to the state's overall economic activity.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and provide context for consumer spending and labor market trends.
Key Facts
- Connecticut's leisure and hospitality sector employs over 200,000 workers.
- The average weekly hours worked in this sector peaked at 29.2 hours in August 2019.
- Weekly hours declined sharply during the COVID-19 pandemic but have since partially recovered.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in Connecticut's leisure and hospitality industries, including hotels, restaurants, arts, entertainment, and recreation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and consumer demand in service-oriented industries, which are important indicators of Connecticut's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform decisions and provide context for consumer spending and labor market trends in Connecticut.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may be subject to revisions.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Leisure and Hospitality in Connecticut (SMU09000007000000002), retrieved from FRED.