All Employees: Leisure and Hospitality: Accommodation in Mississippi

SMU28000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

24.70

Year-over-Year Change

-0.40%

Date Range

1/1/2001 - 7/1/2025

Summary

This trend measures the number of all employees in the leisure and hospitality industry's accommodation sector in Mississippi. It provides valuable insights into the state's tourism and service 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 All Employees: Leisure and Hospitality: Accommodation in Mississippi metric tracks the total employment in hotels, motels, and other accommodation businesses across the state. This data is used by economists and policymakers to analyze tourism activity, consumer spending, and broader economic conditions.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This employment trend is relevant for assessing the health of Mississippi's service sector and understanding its overall economic performance.

Key Facts

  • Mississippi's accommodation sector employs over 25,000 workers.
  • Leisure and hospitality is one of the largest industries in the state.
  • Employment in this sector is closely tied to tourism and travel trends.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in the accommodation sector of Mississippi's leisure and hospitality industry.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the strength of Mississippi's tourism and service economy, which is a key driver of the state's overall economic performance.

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: Policymakers and economists use this employment data to assess the health of Mississippi's service sector and make informed decisions about economic development, tourism promotion, and other related policies.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay, and may be subject to minor revisions over time.

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Citation

U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Mississippi (SMU28000007072100001), retrieved from FRED.