All Employees: Leisure and Hospitality in North Carolina
NCLEIHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
570.70
Year-over-Year Change
0.78%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Leisure and Hospitality in North Carolina' trend measures employment in the leisure and hospitality sector within the state. This provides insight into the economic health and recovery of North Carolina's tourism and service industries.
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 employees in leisure and hospitality businesses located in North Carolina, including hotels, restaurants, bars, and entertainment venues. It is a key indicator of consumer demand and the strength of the state's service-based economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to gauge the economic performance and resilience of North Carolina's leisure and tourism sectors.
Key Facts
- North Carolina's leisure and hospitality sector employs over 500,000 workers.
- Employment in this sector declined sharply during the COVID-19 pandemic but has since rebounded.
- The leisure and hospitality industry accounts for nearly 10% of North Carolina's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in leisure and hospitality businesses located in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and recovery of North Carolina's tourism and service-based economy, which is a key driver of the state's overall 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 trend to assess the economic impact of events and policies on North Carolina's leisure and hospitality sectors, which are important contributors to the state's economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality in North Carolina (NCLEIHN), retrieved from FRED.