All Employees: Leisure and Hospitality: Accommodation and Food Services in District of Columbia
SMU11000007072000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.70
Year-over-Year Change
6.70%
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 the accommodation and food services industry, within the District of Columbia. It provides insights into the labor market and economic activity in this key service 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: Accommodation and Food Services in District of Columbia metric tracks employment levels in the hospitality industry, which is a major contributor to the local economy. It is used by economists and policymakers to analyze workforce trends and gauge the overall health of the District's service-based industries.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the District's economic performance and can inform policy decisions related to the tourism, travel, and service sectors.
Key Facts
- The leisure and hospitality sector is a major employer in the District of Columbia.
- Employment in the accommodation and food services industry has been impacted by the COVID-19 pandemic.
- Tracking this trend can provide insights into the District's tourism and service-based economic activity.
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 the accommodation and food services industry, within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and economic activity in the District's key service sector, which is important for understanding the overall health of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers in the District of Columbia, as it can inform decisions related to the tourism, travel, and service sectors.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation and Food Services in District of Columbia (SMU11000007072000001), retrieved from FRED.