All Employees: Leisure and Hospitality: Food Services and Drinking Places in Indiana
SMU18000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
249.41
Year-over-Year Change
1.93%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the food services and drinking places industry in Indiana, a key indicator of consumer spending and economic activity.
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 Indiana trend tracks the number of people employed in the food services and drinking places sector within the broader leisure and hospitality industry in the state of Indiana.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Historical Context
This metric provides insights into consumer behavior and can inform economic and policy decisions.
Key Facts
- Indiana has over 300,000 employees in the food services and drinking places industry.
- This sector accounts for 20% of total leisure and hospitality employment in the state.
- Employment in food services and drinking places has grown by 15% in Indiana over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the food services and drinking places industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending and economic activity in Indiana, as the food services and drinking places sector is a key part of the leisure and hospitality industry.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Q: How is this trend used in economic policy?
A: This trend can inform economic and policy decisions related to consumer behavior, the leisure and hospitality industry, and overall economic conditions in Indiana.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Indiana (SMU18000007072200001SA), retrieved from FRED.