All Employees: Leisure and Hospitality: Full-Service Restaurants in Rhode Island
SMU44000007072251101SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.94
Year-over-Year Change
-3.52%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of full-service restaurant employees in Rhode Island's leisure and hospitality sector. It provides insight into the labor market and economic activity in the state's dining and entertainment industries.
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: Full-Service Restaurants in Rhode Island indicator tracks the employment levels at dine-in restaurants across the state. This metric is a key barometer of consumer spending, business confidence, and overall economic conditions in Rhode Island's service sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Rhode Island's consumer-facing industries and make informed decisions.
Key Facts
- Rhode Island has over 3,000 full-service restaurant employees.
- This trend reached a low point in 2020 due to the COVID-19 pandemic.
- The leisure and hospitality sector accounts for over 10% of Rhode Island's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of full-service restaurant employees in Rhode Island's leisure and hospitality sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health of Rhode Island's consumer-facing industries and overall economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the state's consumer spending, business confidence, and service sector performance.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the metric does not capture self-employed or gig workers in the industry.
Related Trends
Housing Inventory: Median Home Size in Square Feet Month-Over-Month in Rhode Island
MEDSQUFEEMMRI
Average Weekly Hours of Production Employees: Manufacturing in Rhode Island
SMU44000003000000007
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Rhode Island
RIGOVQGSP
Average Weekly Earnings of Production Employees: Manufacturing in Rhode Island
SMU44000003000000030A
All Employees: Education and Health Services: Private Educational Services in Rhode Island
SMU44000006561000001
Other Services (except Public Administration) Earnings in Rhode Island
RIEOTH
Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Full-Service Restaurants in Rhode Island (SMU44000007072251101SA), retrieved from FRED.