All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Alabama
SMU01000007072259001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.90
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 7/1/2025
Summary
This economic trend measures the number of employees in limited-service restaurants and other eating places in Alabama, providing insights into the state's leisure and hospitality industry.
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: Limited-Service Restaurants and Other Eating Places in Alabama metric tracks the employment levels in this specific sector, which is a key component of the state's broader leisure and hospitality industry.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists and policymakers to assess the health and growth of Alabama's restaurant and food service industry.
Key Facts
- Alabama has over 15,000 eating and drinking establishments.
- The leisure and hospitality industry employs over 200,000 people in the state.
- Limited-service restaurants account for the majority of Alabama's food service jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in limited-service restaurants and other eating places in the state of Alabama, providing insights into the leisure and hospitality sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the health and growth of Alabama's restaurant and food service industry, which is a significant component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the performance and outlook of Alabama's leisure and hospitality sector, which informs economic development and consumer spending policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with occasional delays due to survey collection and processing timelines.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Alabama (SMU01000007072259001), retrieved from FRED.