All Employees: Leisure and Hospitality: Accommodation in North Carolina
SMU37000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.89
Year-over-Year Change
-1.16%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of people employed in the accommodation industry within the leisure and hospitality sector in North Carolina. It provides insight into the state's tourism and service-based 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 North Carolina data series tracks the total employment figures for businesses providing accommodation services, such as hotels and motels, within the broader leisure and hospitality industry in the state.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists and policymakers to analyze the health and growth of North Carolina's tourism and service sectors.
Key Facts
- North Carolina is a popular tourist destination.
- The accommodation industry is a key part of the state's leisure and hospitality sector.
- Employment in this industry can indicate the strength of North Carolina's tourism economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the accommodation industry, such as hotels and motels, within North Carolina's leisure and hospitality sector.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and growth of North Carolina's tourism-related economy, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the strength of North Carolina's service and tourism sectors, which can inform decisions on economic development, infrastructure, and other policies.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as other Bureau of Labor Statistics employment series.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in North Carolina (SMU37000007072100001SA), retrieved from FRED.