All Employees: Leisure and Hospitality: Accommodation in Utah
SMU49000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.80
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the leisure and hospitality accommodation industry in Utah. It provides insight into the strength and recovery of the state's tourism and service sectors.
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 Utah series tracks the total number of individuals employed in hotels, motels, and other accommodation businesses across the state. This metric is used by economists and policymakers to gauge the overall health and activity of Utah's travel and tourism industry.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in accommodation employment levels can signal shifts in consumer demand, business investment, and economic conditions that affect Utah's service and hospitality markets.
Key Facts
- Utah's accommodation industry employed over 51,000 workers as of 2022.
- Accommodation jobs make up about 25% of Utah's total leisure and hospitality sector.
- Employment in Utah's accommodation industry has rebounded to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in hotels, motels, and other accommodation businesses across the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: Changes in accommodation employment levels provide insights into the overall health and activity of Utah's travel and tourism industry, which is a key part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Accommodation employment figures are monitored by economists and policymakers to gauge consumer demand, business investment, and broader economic conditions affecting Utah's service and hospitality markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so it may not reflect the most current employment situation.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Utah (SMU49000007072100001), retrieved from FRED.