All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Montana
SMU30000007072250001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.00
Year-over-Year Change
1.45%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the leisure and hospitality sector, specifically in restaurants and other eating places in the state of Montana. It provides valuable insights into the health and recovery of the local food service 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: Restaurants and Other Eating Places in Montana data series tracks the total number of employees in this key economic sector, which is an important indicator of consumer spending, business activity, and overall economic conditions in the state.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to understand the dynamics of the local service industry and its impact on the broader Montana economy.
Key Facts
- Montana has over 1,800 eating and drinking establishments.
- The leisure and hospitality sector accounts for 9% of Montana's total employment.
- Employment in restaurants and other eating places declined by 30% during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality sector, specifically in restaurants and other eating places in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and recovery of the local food service industry, which is an important indicator of consumer spending, business activity, and overall economic conditions in Montana.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and businesses to understand the dynamics of the local service industry and its impact on the broader Montana economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for delays or revisions by the data source.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Restaurants and Other Eating Places in Montana (SMU30000007072250001), retrieved from FRED.