All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Idaho
SMU16000007072250001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.50
Year-over-Year Change
4.89%
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 focused on restaurants and other eating places in the state of Idaho. It provides insight into the labor market and economic activity in the state's dining and hospitality 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: Restaurants and Other Eating Places in Idaho metric tracks the total number of individuals employed in this critical sector of the state's economy. It offers valuable data for analyzing trends in consumer spending, labor force dynamics, and the overall health of Idaho's food service and hospitality industries.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is widely used by policymakers, economists, and market analysts to assess the strength of Idaho's consumer-facing industries and inform economic policy decisions.
Key Facts
- Idaho's leisure and hospitality sector accounts for over 10% of the state's total employment.
- The restaurant and eating places industry is the largest component of Idaho's leisure and hospitality workforce.
- Employment in Idaho's restaurants and eating places 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 in the leisure and hospitality sector, specifically focused on restaurants and other eating places, within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength of Idaho's consumer-facing industries, consumer spending patterns, and overall economic health. It is widely used by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, economists, and market analysts to assess the performance of Idaho's consumer-facing industries and inform economic policy decisions, particularly in areas such as taxation, workforce development, and business regulations.
Q: Are there update delays or limitations?
A: The data is typically published with a one-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Idaho (SMU16000007072250001), retrieved from FRED.