All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in District of Columbia
SMU11000007072259001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.60
Year-over-Year Change
6.25%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in limited-service restaurants and other eating places in the District of Columbia. It provides insight into the local leisure and hospitality industry and economic activity.
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: Limited-Service Restaurants and Other Eating Places in District of Columbia metric tracks employment levels in a key service sector. It is used by economists and policymakers to assess the strength of the local economy and consumer demand.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for analyzing the performance of the District's food service and tourism industries.
Key Facts
- District of Columbia is a major tourism hub.
- Food service is a key part of the local economy.
- Employment trends reflect consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in limited-service restaurants and other eating places located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and health of the District's leisure and hospitality industry, which is a major part of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the strength of consumer demand and overall economic activity in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in District of Columbia (SMU11000007072259001A), retrieved from FRED.