All Employees: Accommodation in Oregon
SMU41000007072100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.70
Year-over-Year Change
13.82%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the accommodation industry in Oregon. It is an important indicator of economic activity and tourism in the state.
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: Accommodation in Oregon series tracks the total employment figures for the accommodation sector, which includes hotels, motels, and other lodging facilities. This data provides insights into the health and growth of Oregon's tourism and hospitality industries.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Oregon's economy and guide decisions related to tourism, infrastructure, and workforce development.
Key Facts
- Oregon's accommodation industry employs over 40,000 workers.
- Employment in the sector has grown by 15% over the past 5 years.
- The accommodation industry accounts for 3% of Oregon's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the accommodation industry in the state of Oregon, including hotels, motels, and other lodging facilities.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and growth of Oregon's tourism and hospitality sectors, which are important contributors to the state's economy.
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 trend to assess the overall health of Oregon's economy and guide decisions related to tourism, infrastructure, and workforce development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the end of the reference period.
Related Trends
Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Oregon
EMISSCO2VHLRCBORA
All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Oregon
SMU41000005552200001A
All Employees: Transportation and Utilities: Utilities in Oregon
SMU41000004322000001SA
Regional Price Parities: Goods: Nonmetropolitan Portion for Oregon
ORNMPRPPGOOD
Personal Consumption Expenditures: Services: Other Services for Oregon
ORPCEOSRV
All Employees: Local Government Educational Services in Oregon
SMU41000009093161101A
Citation
U.S. Federal Reserve, All Employees: Accommodation in Oregon (SMU41000007072100001A), retrieved from FRED.