Average Weekly Hours of All Employees: Leisure and Hospitality in Wisconsin
SMU55000007000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.70
Year-over-Year Change
0.89%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'Average Weekly Hours of All Employees: Leisure and Hospitality in Wisconsin' metric tracks the average number of hours worked per week by employees in the leisure and hospitality sector in the state of Wisconsin. This data provides insight into economic activity and labor market trends.
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
This data series measures the average weekly hours worked by all employees in Wisconsin's leisure and hospitality industry, which includes businesses like hotels, restaurants, arts, entertainment, and recreation. It is a key indicator of labor market conditions and economic performance in this important service sector.
Methodology
The data is collected through surveys of businesses and establishments in Wisconsin by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to monitor the health of Wisconsin's service economy and inform decisions around economic and workforce policies.
Key Facts
- Wisconsin's leisure and hospitality sector employs over 300,000 workers.
- Average weekly hours peaked at 28.2 in June 2022.
- Weekly hours have declined from pandemic highs but remain above pre-COVID levels.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average number of hours worked per week by employees in Wisconsin's leisure and hospitality industry, which includes businesses like hotels, restaurants, and entertainment venues.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity levels of Wisconsin's service sector, which is a crucial part of the state's economy. It helps economists and policymakers monitor labor market conditions and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Wisconsin by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to track the service economy in Wisconsin and inform decisions around economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months. There may be some seasonal variation and limitations in coverage of smaller businesses.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Leisure and Hospitality in Wisconsin (SMU55000007000000002), retrieved from FRED.