All Employees: Leisure and Hospitality: Accommodation in Missouri
SMU29000007072100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.00
Year-over-Year Change
-3.34%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the leisure and hospitality sector, specifically in the accommodation industry in Missouri. It provides insights into the labor market and economic activity in this key service 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: Accommodation in Missouri series tracks the total number of people employed in the accommodation industry, which includes hotels, motels, and other lodging facilities. This data is used by economists and policymakers to monitor the health of the tourism and travel industry in the state.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for analyzing the broader economic conditions and consumer spending patterns in Missouri.
Key Facts
- Missouri's accommodation industry employs over 57,000 people.
- Accommodation jobs account for around 15% of the state's leisure and hospitality sector.
- Employment in this industry has fluctuated due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the accommodation industry in Missouri, which includes hotels, motels, and other lodging facilities.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists and policymakers to monitor the health of the tourism and travel industry in Missouri, which is an important contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing broader economic conditions and consumer spending patterns in Missouri, which can inform policy decisions related to the tourism and hospitality industries.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have some delay in reporting, as is common with many economic indicators.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Missouri (SMU29000007072100001SA), retrieved from FRED.