All Employees: Leisure and Hospitality: Special Food Services in Illinois
SMU17000007072230001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.39
Year-over-Year Change
9.50%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the special food services industry, a subset of the leisure and hospitality sector, within the state of Illinois. It provides insight into the labor market and economic activity in this important service industry.
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 Illinois metric tracks the number of people employed in establishments that prepare meals, snacks, and beverages for immediate consumption, such as caterers and food service contractors. This data offers valuable insight into the performance and trends within Illinois' special food services industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to gauge the health of Illinois' service sector and consumer spending.
Key Facts
- The special food services industry includes caterers, food service contractors, and mobile food services.
- Illinois is a major hub for the leisure and hospitality sector, accounting for over 600,000 jobs.
- Employment in special food services has fluctuated with the broader economic cycle in Illinois.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the special food services industry within the state of Illinois, which includes establishments that prepare meals, snacks, and beverages for immediate consumption.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the performance and trends within Illinois' service sector, offering an indicator of consumer spending and economic activity in the state.
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: Economists, policymakers, and industry analysts closely monitor this employment trend to gauge the health of Illinois' service sector and make informed decisions about economic policy and market strategies.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a lag in reporting, but it provides a reliable indicator of employment trends in Illinois' special food services industry.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Special Food Services in Illinois (SMU17000007072230001SA), retrieved from FRED.