All Employees: Leisure and Hospitality in Missouri
MOLEIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
315.20
Year-over-Year Change
0.99%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Leisure and Hospitality in Missouri' trend measures employment in the leisure and hospitality sector of Missouri's economy. This metric is a key indicator of economic activity and consumer demand.
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 series tracks the total number of people employed in leisure and hospitality industries within the state of Missouri. It is an important barometer for monitoring the strength of Missouri's service-oriented businesses and consumer spending patterns.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of Missouri's tourism, entertainment, and service industries.
Key Facts
- Missouri's leisure and hospitality sector employs over 300,000 workers.
- Employment in this sector declined sharply during the COVID-19 pandemic.
- The leisure and hospitality industry accounts for around 10% of Missouri's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in leisure and hospitality industries within the state of Missouri, including hotels, restaurants, arts, entertainment, and recreation.
Q: Why is this trend relevant for users or analysts?
A: The leisure and hospitality sector is a key driver of economic activity and consumer spending in Missouri, so this metric provides important insights into the state's broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Missouri's tourism, entertainment, and service industries, which can inform decisions around economic development, taxation, and other policies.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality in Missouri (MOLEIH), retrieved from FRED.