All Employees: Leisure and Hospitality: Full-Service Restaurants in Indiana
SMU18000007072251101SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.24
Year-over-Year Change
0.59%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector, specifically at full-service restaurants in Indiana. It provides insights into the labor market and consumer demand within the state's restaurant 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: Full-Service Restaurants in Indiana series tracks the total number of individuals employed at dine-in restaurants across the state. This metric is used by economists and policymakers to monitor the health and recovery of the local hospitality sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend offers valuable context for assessing the broader economic conditions and consumer spending patterns in Indiana.
Key Facts
- Indiana is a major tourism destination in the Midwest.
- The full-service restaurant industry is a significant contributor to the state's economy.
- Employment levels in this sector are closely tied to consumer confidence and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed at full-service restaurants in the leisure and hospitality sector within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and recovery of Indiana's restaurant industry, which is a key component of the state's broader economic performance and consumer spending patterns.
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 and policymakers use this trend to monitor the labor market and consumer demand within Indiana's hospitality sector, which informs policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be slight delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Full-Service Restaurants in Indiana (SMU18000007072251101SA), retrieved from FRED.