All Employees: Leisure and Hospitality: Drinking Places (Alcoholic Beverages) in Nebraska
SMU31000007072240001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.20
Year-over-Year Change
1.96%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in drinking establishments, such as bars and pubs, within the leisure and hospitality sector in the state of Nebraska. It provides insight into the strength of the state's service-based economy and consumer demand.
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: Drinking Places (Alcoholic Beverages) in Nebraska data series tracks the number of people employed in drinking establishments across the state. This metric serves as an indicator of consumer spending and confidence in the leisure and hospitality industry.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health of Nebraska's service-based economy and consumer activity.
Key Facts
- Nebraska has over 2,000 drinking establishments.
- Employment in this sector accounts for 3% of Nebraska's total employment.
- Drinking places employment has grown by 20% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in drinking establishments, such as bars and pubs, within the leisure and hospitality sector in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of Nebraska's service-based economy and consumer demand, which is valuable for policymakers and analysts assessing the state's economic health.
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: Policymakers and analysts use this trend to assess the health of Nebraska's service-based economy and consumer activity, which can inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Drinking Places (Alcoholic Beverages) in Nebraska (SMU31000007072240001), retrieved from FRED.