All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Illinois
SMU17000007072259001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
203.20
Year-over-Year Change
-1.45%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in limited-service restaurants and other eating places in Illinois. It provides insights into the labor market and consumer demand in the leisure and hospitality sector, which is a key indicator of 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 Illinois series tracks the number of employees in this industry segment within the state. This data is used by economists and policymakers to assess the strength of the Illinois economy and consumer spending patterns.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this series are monitored by government agencies, economists, and businesses to inform economic policy and investment decisions.
Key Facts
- Illinois has over 200,000 employees in limited-service restaurants and other eating places.
- This sector accounts for nearly 40% of total leisure and hospitality employment in the state.
- Employment in this industry has grown by 15% in Illinois over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in limited-service restaurants and other eating places within the leisure and hospitality industry in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength of the Illinois economy and consumer spending patterns, which are important for economic policymaking and business investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in this series are monitored by government agencies, economists, and businesses to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Illinois (SMU17000007072259001), retrieved from FRED.