All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Indiana
Monthly, Not Seasonally Adjusted
SMU18000004244400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.50
Year-over-Year Change
-0.91%
Date Range
1/1/2003 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the total number of employees in the Leisure and Hospitality industry in the United States. This metric is a key indicator of the health and activity in the service sector of the economy.
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 Leisure and Hospitality employment data provides insight into the current state of the U.S. service industry. It is widely used by economists, policymakers, and market analysts to assess economic conditions and trends.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market participants monitor this metric to gauge the strength of consumer spending and the broader service economy.
Key Facts
- The Leisure and Hospitality industry accounts for over 17 million jobs in the U.S.
- This sector experienced significant job losses during the COVID-19 pandemic.
- Employment levels in this industry are closely tied to consumer confidence and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the total number of employees in the Leisure and Hospitality industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the current state of the U.S. service industry and is widely used by economists, policymakers, and market analysts to assess economic conditions and trends.
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: Policymakers and market participants monitor this metric to gauge the strength of consumer spending and the broader service economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on the service sector's performance.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU18000004244400001), retrieved from FRED.