All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in North Carolina
SMS37000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.70
Year-over-Year Change
6.05%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of people employed in the arts, entertainment, and recreation industries in North Carolina. It provides insight into the health and activity of the state's leisure and hospitality 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 All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in North Carolina series tracks the total employment in this key service industry. It is an important indicator of consumer spending, tourism, and economic diversification within the state.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and businesses to analyze the strength of North Carolina's leisure and tourism industry.
Key Facts
- North Carolina has over 100,000 employees in arts, entertainment, and recreation.
- This sector accounts for around 2.5% of total non-farm employment in the state.
- Employment in this industry has grown by 20% in North Carolina over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the arts, entertainment, and recreation industries 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 growth of North Carolina's leisure and hospitality sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses use this trend to analyze the strength of North Carolina's leisure and tourism industry and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in North Carolina (SMS37000007071000001), retrieved from FRED.