All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Colorado
SMU08000007072259001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.96
Year-over-Year Change
0.85%
Date Range
1/1/2003 - 7/1/2025
Summary
This economic trend measures the number of employees in limited-service restaurants and other eating places in Colorado. It provides insights into the state's leisure and hospitality industry and its workforce dynamics.
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 Colorado trend is a key indicator of the labor market in the state's food service and hospitality sector. It tracks the employment levels at establishments like fast-food restaurants, cafeterias, and snack bars.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to gauge the health and recovery of Colorado's leisure and hospitality sector.
Key Facts
- Colorado has over 16,000 limited-service restaurants and other eating places.
- The leisure and hospitality sector accounts for 11% of Colorado's total employment.
- Employment in limited-service restaurants declined by 35% during the COVID-19 pandemic.
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 Colorado, providing insights into the state's leisure and hospitality industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by policymakers, economists, and industry analysts as it offers insights into the health and recovery of Colorado's leisure and hospitality sector, a key 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: This trend is used by policymakers, economists, and market analysts to gauge the performance and recovery of Colorado's leisure and hospitality industry, informing economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have a delay of several months in its release, as is common with many economic indicators.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Colorado (SMU08000007072259001SA), retrieved from FRED.