Average Weekly Hours of All Employees: Leisure and Hospitality in District of Columbia
SMU11000007000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.50
Year-over-Year Change
1.03%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the leisure and hospitality industry in the District of Columbia. It is an important indicator of economic activity and labor market conditions in this 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 average weekly hours metric provides insights into labor demand and the utilization of the workforce within the leisure and hospitality industry in the District of Columbia. It is used by economists and policymakers to assess trends in this key service sector.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by analysts to gauge the health of the local service economy and consumer activity.
Key Facts
- The average weekly hours peaked at 29.3 in December 2019.
- Weekly hours dropped sharply to 15.3 in April 2020 due to the COVID-19 pandemic.
- As of December 2022, average weekly hours have recovered to 27.1.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by all employees in the leisure and hospitality industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor demand and utilization in a key service sector, which is important for understanding the health of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by analysts and policymakers to gauge the strength of consumer activity and the service economy in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Leisure and Hospitality in District of Columbia (SMU11000007000000002), retrieved from FRED.