All Employees: Leisure and Hospitality: Food Services and Drinking Places in Ohio
SMU39000007072200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
457.90
Year-over-Year Change
0.02%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the food services and drinking places industry within the leisure and hospitality sector in Ohio. It provides insight into the strength and resilience of the state's 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: Food Services and Drinking Places in Ohio series tracks the monthly employment levels of this key service industry within the state. It is a valuable indicator of consumer demand, business confidence, and overall economic conditions in Ohio.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess the health of Ohio's food service and hospitality sectors.
Key Facts
- Ohio's food services and drinking places industry employs over 500,000 workers.
- This sector accounts for over 10% of total nonfarm employment in the state.
- Employment in this industry has rebounded strongly since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the food services and drinking places industry within the leisure and hospitality sector in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the strength and resilience of Ohio's service-based economy, as the food services and drinking places industry is a key indicator of consumer demand and business confidence.
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: This trend is closely watched by policymakers, economists, and industry analysts to assess the health of Ohio's food service and hospitality sectors, which are important contributors to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Ohio (SMU39000007072200001), retrieved from FRED.