All Employees: Full-Service Restaurants in Nebraska
SMU31000007072251101A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.50
Year-over-Year Change
-2.14%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend tracks the total number of employees at full-service restaurants in the state of Nebraska. It provides valuable insights into the labor market and consumer demand within the state's restaurant 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: Full-Service Restaurants in Nebraska data series measures the total number of individuals employed at sit-down dining establishments in the state. It is a key indicator of economic activity and consumer confidence in the local restaurant sector.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, industry analysts, and investors to gauge the health of Nebraska's broader service economy.
Key Facts
- Nebraska has over 6,000 full-service restaurants.
- Restaurant employment accounts for 10% of the state's total workforce.
- Full-service restaurant jobs have grown by 15% in Nebraska over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees at full-service, sit-down restaurants located in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: The full-service restaurant employment metric provides valuable insights into consumer demand, labor market conditions, and overall economic activity within Nebraska's service sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this metric to gauge the health of Nebraska's broader service economy and make informed decisions.
Q: Are there update delays or limitations?
A: The full-service restaurant employment data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Full-Service Restaurants in Nebraska (SMU31000007072251101A), retrieved from FRED.