All Employees: Leisure and Hospitality: Food Services and Drinking Places in Indiana
SMU18000007072200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254.40
Year-over-Year Change
1.96%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Indiana. It provides insight into the strength and recovery of this key 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: Food Services and Drinking Places in Indiana data series tracks the monthly employment levels in this crucial economic sector. It serves as an important indicator of consumer spending, business activity, and overall economic conditions in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Indiana's service-based economy.
Key Facts
- Indiana's leisure and hospitality sector employs over 300,000 workers.
- Food services and drinking places account for the majority of this industry's employment.
- Employment in this sector is a key indicator of consumer confidence and economic recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and recovery of a crucial service industry in Indiana, which is closely tied to consumer spending and overall economic conditions.
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: This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Indiana's service-based economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of 1-2 months.
Similar SMU Trends
All Employees: Professional and Business Services: Management of Companies and Enterprises in Indiana
SMS18000006055000001
Real Gross Domestic Product: Real Estate (531) in Indiana
INREALRGSP
State Government Tax Collections, Property Taxes in Indiana
INPROPTAX
Average Weekly Earnings of Production Employees: Manufacturing: Durable Goods in Indiana
SMU18000003100000030
Number of Identified Exporters to Estonia from Indiana
INESTA475SCEN
Real Gross Domestic Product: Nondurable Goods Manufacturing (311-316, 322-326) in Indiana
INNDURMANRQGSP
Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Indiana (SMU18000007072200001), retrieved from FRED.