All Employees: Leisure and Hospitality: Food Services and Drinking Places in Connecticut
SMU09000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.36
Year-over-Year Change
3.45%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the food services and drinking places industry in Connecticut, a key indicator of the state's leisure and hospitality 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: Food Services and Drinking Places in Connecticut data series tracks the total number of workers employed in this industry, providing insight into consumer spending and economic activity.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers and analysts to gauge the health of Connecticut's service-based economy.
Key Facts
- Connecticut's food services and drinking places employ over 200,000 workers.
- This industry accounts for nearly 7% of total employment in the state.
- Employment in this sector has recovered to pre-pandemic levels as of 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the food services and drinking places industry in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending patterns and the overall health of Connecticut's leisure and hospitality sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through 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 analysts closely monitor this metric to assess the strength of Connecticut's service-based economy and inform decisions related to economic development, taxation, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Connecticut (SMU09000007072200001SA), retrieved from FRED.