All Employees: Leisure and Hospitality: Accommodation in Idaho
SMU16000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.20
Year-over-Year Change
2.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the accommodation industry, a key component of the leisure and hospitality sector, within the state of Idaho. It provides insight into the labor market and overall economic conditions in this important tourism-driven 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: Accommodation in Idaho series tracks the number of people employed in hotels, motels, and other accommodation facilities across the state. It is a valuable indicator of activity and growth in Idaho's travel and tourism industry, which is a significant driver of the state's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and businesses use this trend to monitor the health of Idaho's hospitality sector and its impact on the broader state economy.
Key Facts
- Idaho's accommodation industry employs over 12,000 people.
- Accommodation jobs account for nearly 20% of Idaho's leisure and hospitality sector.
- Employment in Idaho's accommodation industry has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the accommodation industry, including hotels, motels, and other lodging facilities, within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the health and performance of Idaho's tourism and travel industry, which is a significant driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to monitor the strength of Idaho's hospitality sector and its impact on the broader state economy, informing economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of about 1 month.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Idaho (SMU16000007072100001), retrieved from FRED.