All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Illinois
SMU17000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.50
Year-over-Year Change
5.43%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the arts, entertainment, and recreation industry in Illinois. It provides insights into the labor market and economic activity in the leisure and hospitality 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: Arts, Entertainment, and Recreation in Illinois series tracks the employment levels in the arts, entertainment, and recreation industry across the state. This data is used by economists and policymakers to analyze the health and performance of the leisure and hospitality sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is important for understanding consumer demand, business investment, and policy decisions related to the leisure and tourism industry in Illinois.
Key Facts
- Illinois has a large and diverse arts, entertainment, and recreation industry.
- Employment in this sector is sensitive to economic conditions and consumer behavior.
- The COVID-19 pandemic had a significant impact on employment in this industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the arts, entertainment, and recreation industry in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic activity in the leisure and hospitality sector, which is a key driver of economic growth and consumer spending.
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: This trend is used by economists, policymakers, and industry analysts to understand consumer demand, business investment, and policy decisions related to the leisure and tourism industry in Illinois.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the Bureau of Labor Statistics, and may have a lag in reporting compared to real-time economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Illinois (SMU17000007071000001), retrieved from FRED.