All Employees: Leisure and Hospitality: Accommodation and Food Services in Idaho
SMU16000007072000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.50
Year-over-Year Change
5.49%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the leisure and hospitality sector, specifically in the accommodation and food services industry in the state of Idaho. It is a key indicator of economic activity and consumer demand in this important service 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: Accommodation and Food Services in Idaho data series tracks the total number of individuals employed in these related industries within the state. It provides insight into labor market conditions and consumer spending patterns that are vital for economic analysis and policymaking.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used by economists, investors, and policymakers to gauge the health of Idaho's service economy and consumer environment.
Key Facts
- Idaho's leisure and hospitality sector accounts for over 10% of total state employment.
- Employment in this industry has shown strong growth over the past decade.
- The COVID-19 pandemic caused a sharp decline in leisure and hospitality jobs in Idaho.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality sector, specifically in the accommodation and food services industry, within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market and consumer spending patterns in Idaho's service economy, which is vital information for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, investors, and policymakers to gauge the health of Idaho's service economy and consumer environment.
Q: Are there update delays or limitations?
A: The data is subject to regular monthly updates by the Bureau of Labor Statistics, with typical lags of 1-2 months.
Similar SMU Trends
Gross Domestic Product: Government and Government Enterprises (92) in Idaho
IDGOVNQGSP
All Employees: Construction: Foundation, Structure, and Building Exterior Contractors in Idaho
SMU16000002023810001
Housing Inventory: Active Listing Count in Idaho
ACTLISCOUID
All Employees: Education and Health Services: Social Assistance in Idaho
SMU16000006562400001SA
Projected Business Formations Within Four Quarters: Total for All NAICS in Idaho
BFPBF4QTOTALSAID
All Employees: Retail Trade: Grocery and Convenience Retailers in Idaho
SMU16000004244510001SA
Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation and Food Services in Idaho (SMU16000007072000001), retrieved from FRED.