All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Indiana
SMU18000007072250001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231.20
Year-over-Year Change
1.63%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the restaurants and other eating places sector of the leisure and hospitality industry in Indiana. It is an important indicator of consumer spending and economic activity in the state.
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 Indiana series tracks the number of people employed in dining establishments across the state. This metric provides insight into the health and performance of Indiana's food service industry, which is a key component of the broader leisure and hospitality sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to gauge consumer demand, business confidence, and economic conditions in Indiana.
Key Facts
- Indiana has over 16,000 eating and drinking establishments.
- Restaurants and other eateries account for over 80% of leisure and hospitality jobs in the state.
- Food service employment in Indiana peaked in 2019 before declining during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in restaurants and other eating places in the state of Indiana, which is a key component of the leisure and hospitality industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, business confidence, and overall economic conditions in Indiana, as the food service industry is a significant driver of activity in the state.
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: Economists and policymakers use this trend to gauge the health of Indiana's consumer-facing industries and inform decisions related to economic development, taxation, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Indiana (SMU18000007072250001), retrieved from FRED.