All Employees: Leisure and Hospitality: Food Services and Drinking Places in Mississippi
SMU28000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.25
Year-over-Year Change
2.96%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector, specifically in food services and drinking places, within the state of Mississippi. It provides insights into the health and activity of the state's food service 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: Food Services and Drinking Places in Mississippi series tracks the total number of people employed in these industries across the state. It serves as an important indicator of consumer demand, economic activity, and the overall vitality of Mississippi's service sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, businesses, and economists to assess the strength of Mississippi's tourism, dining, and entertainment industries.
Key Facts
- Mississippi's food services and drinking places employ over 100,000 people.
- The leisure and hospitality sector accounts for over 10% of Mississippi's total employment.
- Food services and drinking places make up the largest component of Mississippi's leisure and hospitality industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the food services and drinking places sector within Mississippi's leisure and hospitality industry.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity of Mississippi's service sector, which is a crucial component of the state's economy.
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: Policymakers, businesses, and economists use this trend to assess the strength of Mississippi's tourism, dining, and entertainment industries.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Mississippi (SMU28000007072200001SA), retrieved from FRED.