All Employees: Leisure and Hospitality: Food Services and Drinking Places in District of Columbia

SMU11000007072200001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

56.00

Year-over-Year Change

2.75%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures employment in the food services and drinking places industry in the District of Columbia. It provides insights into the strength and recovery of the local 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 District of Columbia metric tracks the number of people employed at establishments like restaurants, bars, and other food and beverage providers within the D.C. metropolitan area. This data point is a key indicator of economic activity and consumer demand in the local hospitality industry.

Methodology

The U.S. Bureau of Labor Statistics collects this data through monthly surveys of business establishments.

Historical Context

Policymakers and analysts monitor this trend to assess the health of the District's service economy and consumer spending patterns.

Key Facts

  • Trend peaked at 63,800 employees in February 2020.
  • Dropped to 32,400 employees during COVID-19 lockdowns in April 2020.
  • Recovered to 59,200 employees as of December 2022.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of people employed in the food services and drinking places industry within the District of Columbia.

Q: Why is this trend relevant for users or analysts?

A: This data point provides insight into the strength and recovery of the local hospitality sector, which is a key component of the District's service-based economy.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of business establishments.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to assess the health of consumer spending and the overall service economy in the District of Columbia.

Q: Are there update delays or limitations?

A: This data is published monthly with a typical one-month lag between the reference period and the release date.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in District of Columbia (SMU11000007072200001), retrieved from FRED.