All Employees: Food Services and Drinking Places in Nebraska
SMU31000007072200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.60
Year-over-Year Change
17.11%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Food Services and Drinking Places in Nebraska' trend measures the total number of people employed in the food services and drinking places industry in the state of Nebraska. This metric is a key indicator of economic activity and consumer spending in the hospitality 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
This data series tracks employment levels in the food services and drinking places industry, which includes restaurants, bars, cafeterias, and other eateries. It provides insights into consumer demand and business conditions within Nebraska's hospitality and leisure sector.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to gauge the health of Nebraska's service economy and consumer confidence.
Key Facts
- Nebraska's food services and drinking places employed over 60,000 people as of the latest data.
- Employment in this sector has grown by over 10% in Nebraska since 2015.
- The food services industry is a major contributor to the state's economy.
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 industry within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, business conditions, and economic activity in Nebraska's hospitality and leisure sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 monitor this trend to gauge the health of Nebraska's service economy and consumer confidence.
Q: Are there update delays or limitations?
A: There may be lags of several weeks between the reference period and data publication by the statistical agency.
Related Trends
Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Nebraska
NEMINEXOILGASQGSP
Average Weekly Hours of Production Employees: Manufacturing in Nebraska
SMU31000003000000007
Regional Price Parities: Services: Housing for Nebraska
NERPPSERVERENT
High-Propensity Business Applications: Total for All NAICS in Nebraska
BAHBATOTALSANE
Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Nebraska
NEPCEGAS
All Employees: Financial Activities: Insurance Carriers and Related Activities in Nebraska
SMU31000005552400001
Citation
U.S. Federal Reserve, All Employees: Food Services and Drinking Places in Nebraska (SMU31000007072200001A), retrieved from FRED.