All Employees: Leisure and Hospitality: Accommodation in Nebraska
Seasonally Adjusted
SMU31000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.52
Year-over-Year Change
4.99%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted series measures employment levels in the Metropolitan Statistical Area of Raleigh, North Carolina. This data is a key indicator of regional economic activity and labor market conditions.
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 Seasonally Adjusted series provides a smoothed measure of employment that removes the effects of regular, predictable seasonal variation. This allows for clearer analysis of underlying trends and changes in the labor market over time.
Methodology
The data is collected through surveys of establishments and households, then adjusted using statistical models to account for seasonal patterns.
Historical Context
Economists and policymakers use this data to assess the strength of regional labor markets and inform decisions around economic and workforce development.
Key Facts
- The Raleigh MSA is one of the fastest-growing regional economies in the U.S.
- Seasonal adjustments account for regular fluctuations like holiday hiring patterns.
- This data series dates back to 2003 and is updated monthly.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures employment levels in the Raleigh, North Carolina metropolitan area, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This data provides a clearer picture of underlying labor market conditions, allowing for better analysis of regional economic performance and trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households, then adjusted using statistical models to account for regular seasonal patterns.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the strength of the Raleigh labor market and inform decisions around economic and workforce development initiatives.
Q: Are there update delays or limitations?
A: This data series is updated monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU31000007072100001SA), retrieved from FRED.