All Employees: Leisure and Hospitality: Accommodation in District of Columbia
SMU11000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
4.90%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the accommodation industry in the District of Columbia, which is a key component of the leisure and hospitality sector. It provides insight into the strength of the local tourism and business travel economy.
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 District of Columbia metric tracks the number of workers employed in hotels, motels, and other accommodation establishments in the nation's capital. This data is used by economists and policymakers to assess the health of the local services industry and consumer demand.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Accommodation employment figures are closely monitored for their implications on Washington D.C.'s tourism, convention, and business travel markets.
Key Facts
- Washington D.C. is a major tourist destination, with over 20 million visitors per year.
- The accommodation industry is a major employer in the District, accounting for over 15,000 jobs.
- Accommodation employment is a leading indicator of the strength of D.C.'s visitor economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the accommodation industry in Washington D.C., including hotels, motels, and other lodging establishments.
Q: Why is this trend relevant for users or analysts?
A: Accommodation employment is a key indicator of the strength of D.C.'s tourism and business travel markets, which are major drivers of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Accommodation employment figures are closely monitored by policymakers and economists to assess the health of Washington D.C.'s visitor economy and inform decisions on tourism promotion and development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in District of Columbia (SMU11000007072100001), retrieved from FRED.