All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in North Dakota
SMU38000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.20
Year-over-Year Change
6.49%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the arts, entertainment, and recreation industry in North Dakota, which is a key component of the state's leisure and 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
The all employees: leisure and hospitality: arts, entertainment, and recreation in North Dakota metric provides insights into the labor market and economic activity within the state's creative and recreational industries.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is valuable for understanding the health and trajectory of North Dakota's tourism and entertainment-related economy.
Key Facts
- North Dakota has a vibrant arts and entertainment industry.
- The leisure and hospitality sector is a significant contributor to the state's economy.
- Employment in this industry has fluctuated with economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the arts, entertainment, and recreation industry in North Dakota, which is a key component of the state's leisure and hospitality sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and trajectory of North Dakota's tourism and entertainment-related economy, which is an important driver of economic activity in the state.
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: Policymakers and analysts use this trend to understand the performance and needs of North Dakota's leisure and hospitality industry, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical delays and limitations associated with government statistical surveys, but it provides a reliable and authoritative measure of employment in this sector.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in North Dakota (SMU38000007071000001), retrieved from FRED.