All Employees: Leisure and Hospitality: Food Services and Drinking Places in South Carolina
SMU45000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222.64
Year-over-Year Change
6.64%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the leisure and hospitality industry, specifically food services and drinking places, in the state of South Carolina. It provides valuable insights into the health and recovery of the local service sector.
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 South Carolina series tracks the total number of employees in this key economic segment. It serves as an important indicator of consumer demand, business confidence, and the overall state of the regional economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the performance and outlook of the South Carolina service industry.
Key Facts
- South Carolina's food services and drinking places employ over 230,000 people.
- The sector saw a sharp decline in employment during the COVID-19 pandemic.
- Leisure and hospitality is a key driver of the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality industry, specifically food services and drinking places, within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and recovery of the service sector in South Carolina, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the performance and outlook of the South Carolina service industry, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month delay between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in South Carolina (SMU45000007072200001SA), retrieved from FRED.