All Employees: Leisure and Hospitality: Special Food Services in District of Columbia
SMU11000007072230001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
10.77%
Date Range
1/1/2003 - 6/1/2025
Summary
This economic trend measures the total number of people employed in the special food services industry in the District of Columbia. It provides insight into the strength and resilience of the local 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: Special Food Services in District of Columbia data series tracks the employment levels of establishments that prepare meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption in the nation's capital.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by policymakers and economists to assess the health of the District of Columbia's service industry and consumer spending patterns.
Key Facts
- The leisure and hospitality sector accounts for over 70,000 jobs in DC.
- Special food services make up about 15% of the District's leisure and hospitality workforce.
- Employment in this industry tends to be sensitive to economic conditions and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the special food services industry in the District of Columbia, which includes establishments that prepare meals, snacks, and beverages to customer order.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and resilience of the local leisure and hospitality sector, which is a key driver of economic activity and consumer spending in the District of Columbia.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health of the District of Columbia's service industry and consumer spending patterns, which can inform decisions around economic development, taxation, and workforce policies.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a typical 1-2 month lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Special Food Services in District of Columbia (SMU11000007072230001), retrieved from FRED.