All Employees: Leisure and Hospitality: Food Services and Drinking Places in Idaho
SMU16000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.98
Year-over-Year Change
6.02%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector, specifically in food services and drinking places, for the state of Idaho. It is a key indicator of economic activity and consumer spending in the state's service 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: Food Services and Drinking Places in Idaho metric tracks the total number of workers employed in restaurants, bars, and other food and beverage establishments across the state. This data is used by economists and policymakers to analyze the health of Idaho's service economy and consumer demand.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by Idaho state officials and the Federal Reserve to gauge consumer confidence and guide economic policy decisions.
Key Facts
- Idaho has over 90,000 employees in food services and drinking places.
- This sector accounts for nearly 10% of total employment in the state.
- Employment in Idaho's food services industry has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the food services and drinking places industry within the leisure and hospitality sector in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of consumer spending and economic activity in Idaho's service 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 businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Idaho state officials and the Federal Reserve monitor this trend to assess consumer confidence and guide economic policy decisions that affect the leisure and hospitality sector.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Idaho (SMU16000007072200001SA), retrieved from FRED.