All Employees: Leisure and Hospitality: Food Services and Drinking Places in Delaware
SMU10000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.22
Year-over-Year Change
-0.05%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Delaware. It provides insights into the labor market and economic activity in this crucial industry.
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 Delaware series tracks the total number of workers employed in the food services and drinking places subsector of the leisure and hospitality industry in Delaware. This metric is a key indicator of economic conditions and consumer spending patterns in the state.
Methodology
The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the health of Delaware's service sector and consumer-driven economy.
Key Facts
- Delaware's food services and drinking places employ over 50,000 workers.
- This sector accounts for nearly 10% of the state's total employment.
- Employment in this industry has rebounded strongly since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the food services and drinking places subsector of the leisure and hospitality industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of Delaware's service sector and consumer-driven economy, which is crucial for understanding the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess the strength of Delaware's consumer-driven economy and make informed decisions about economic policies and investments.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Delaware (SMU10000007072200001SA), retrieved from FRED.