All Employees: Leisure and Hospitality: Amusement, Gambling, and Recreation Industries in South Carolina
SMU45000007071300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.90
Year-over-Year Change
7.72%
Date Range
1/1/2003 - 7/1/2025
Summary
This economic trend measures employment in the amusement, gambling, and recreation industries within the leisure and hospitality sector in South Carolina. It provides insights into the state's tourism and service-based economy.
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: Amusement, Gambling, and Recreation Industries in South Carolina series tracks the number of people employed in these industries over time. It offers a gauge of economic activity and consumer demand for entertainment and recreational services in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the health of South Carolina's service sector and tourism-dependent economy.
Key Facts
- South Carolina's amusement, gambling, and recreation industries employed over 63,000 people as of the latest data.
- Employment in these sectors has grown by 15% in the past 5 years, outpacing the state's overall job market.
- The leisure and hospitality industry accounts for nearly 12% of total employment in South Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the amusement, gambling, and recreation industries within the leisure and hospitality sector in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of South Carolina's service-based, tourism-driven economy, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this trend to assess the state of South Carolina's service sector and make informed decisions about economic development, tourism promotion, and workforce planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Amusement, Gambling, and Recreation Industries in South Carolina (SMU45000007071300001), retrieved from FRED.