All Employees: Leisure and Hospitality: Accommodation in Arizona
Seasonally Adjusted
SMU04000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.72
Year-over-Year Change
0.35%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures changes in employment levels, adjusted to account for regular seasonal patterns. This helps economists analyze underlying labor market trends.
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
Seasonal adjustment is a statistical technique that removes regular, predictable changes in employment data due to factors like weather, holidays, and school schedules. This allows for more accurate interpretation of month-to-month changes.
Methodology
The data is collected through the U.S. Current Employment Statistics (CES) survey and adjusted using regression-based models.
Historical Context
Seasonally adjusted employment data is a key input for Federal Reserve policymakers and financial market analysts.
Key Facts
- Seasonal adjustment removes regular, predictable changes in employment data.
- The Seasonally Adjusted series helps identify underlying labor market trends.
- Seasonally adjusted data is a key input for Fed policymakers and market analysts.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures changes in employment levels, with regular seasonal patterns removed.
Q: Why is this trend relevant for users or analysts?
A: Seasonal adjustment allows for more accurate interpretation of month-to-month changes in employment, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Employment Statistics (CES) survey and adjusted using regression-based models.
Q: How is this trend used in economic policy?
A: Seasonally adjusted employment data is a key input for Federal Reserve policymakers and financial market analysts.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted series is updated monthly with the latest employment data.
Related Trends
Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in Arizona
AZMINQQGSP
Commercial Carbon Dioxide Emissions, Distillate Fuel for Arizona
EMISSCO2VDFCCBAZA
Electric Power Carbon Dioxide Emissions, Petroleum for Arizona
EMISSCO2TOTVECPEAZA
Gross Domestic Product: Warehousing and Storage (493) in Arizona
AZWARESTORNGSP
Real Gross Domestic Product: Electrical Equipment, Appliance, and Component Manufacturing (335) in Arizona
AZELCEQAPMANRGSP
Chain-Type Quantity Index for Real GDP: Oil and Gas Extraction (211) in Arizona
AZOILGASQGSP
Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU04000007072100001SA), retrieved from FRED.