All Employees: Leisure and Hospitality in Utah
UTLEIHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.70
Year-over-Year Change
1.96%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Leisure and Hospitality in Utah' trend tracks the number of people employed in the leisure and hospitality industry within the state of Utah. This metric is a key indicator of economic activity and consumer demand in the 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
This employment series provides insights into the health of Utah's leisure and hospitality industry, which encompasses hotels, restaurants, arts, entertainment, and recreation. The data is a valuable input for policymakers, investors, and analysts seeking to understand broader economic trends and industry performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Leisure and hospitality employment is closely watched as a proxy for consumer spending and tourism activity.
Key Facts
- Utah's leisure and hospitality sector employs over 200,000 workers.
- Employment in this industry has grown by 25% over the past decade.
- The sector accounts for nearly 10% of Utah's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Leisure and Hospitality in Utah' trend tracks the number of people employed in Utah's leisure and hospitality industry, which includes hotels, restaurants, arts, entertainment, and recreation.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insights into the health of Utah's tourism and service sectors, making it a valuable indicator of consumer spending, economic activity, and industry performance.
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: Leisure and hospitality employment is closely watched by policymakers, investors, and analysts as a proxy for consumer spending and tourism activity, which are important drivers of economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
Deposits in State Commercial Member Banks in Utah
X08TDCBMBSUT
Chain-Type Quantity Index for Real GDP: Motor Vehicles, Bodies and Trailers, and Parts Manufacturing (3361-3363) in Utah
UTMVEHMANQGSP
Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in Utah
UTBRDTELEQGSP
Gross Domestic Product: Real Estate and Rental and Leasing (53) in Utah
UTRERENTLEANQGSP
Housing Inventory: New Listing Count Year-Over-Year in Utah
NEWLISCOUYYUT
Poverty Universe, Age 0-17 for Utah
PUA0T17UT49000A647NCEN
Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality in Utah (UTLEIHN), retrieved from FRED.