All Employees: Leisure and Hospitality: Food Services and Drinking Places in North Carolina
SMU37000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
414.93
Year-over-Year Change
1.10%
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 in food services and drinking places, within the state of North Carolina. This data is closely watched by economists and policymakers as an indicator of the strength of the service industry and consumer spending.
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 North Carolina metric tracks the total employment in this key service industry within the state. It provides insight into the health of the local economy and consumer demand for these services.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by analysts, policymakers, and businesses to gauge economic conditions and consumer behavior.
Key Facts
- North Carolina has the 9th largest food services and drinking places workforce in the U.S.
- Food services and drinking places account for over 10% of total private employment in North Carolina.
- Employment in this sector has grown by over 20% in North Carolina since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality sector, specifically food services and drinking places, within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the health of the local service industry and consumer spending patterns, which are key indicators of broader 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: Policymakers and analysts use this data to gauge the strength of consumer demand and make informed decisions about economic and fiscal policies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag, so it provides relatively timely information on current economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in North Carolina (SMU37000007072200001SA), retrieved from FRED.