All Employees: Service-Providing in Louisiana
SMS22000000700000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,690.80
Year-over-Year Change
1.29%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of service-providing employees in the state of Louisiana. It provides insight into the health and dynamics of Louisiana's service sector, which is a crucial component of the state's 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: Service-Providing in Louisiana metric tracks the total number of workers employed in the service-providing industries within the state. This includes a wide range of sectors such as trade, transportation, utilities, information, financial activities, professional and business services, education, health care, leisure and hospitality, and other services.
Methodology
The data is collected through monthly surveys of businesses and organizations by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the overall economic performance and labor market conditions in Louisiana.
Key Facts
- Louisiana's service sector accounts for over 80% of the state's total employment.
- The service-providing industries in Louisiana have shown steady growth over the past decade.
- The COVID-19 pandemic had a significant impact on Louisiana's service sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the service-providing industries within the state of Louisiana, providing insight into the health and dynamics of the state's service sector.
Q: Why is this trend relevant for users or analysts?
A: The All Employees: Service-Providing in Louisiana metric is a key indicator of the overall economic performance and labor market conditions in the state, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and organizations by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and economists to assess the health of Louisiana's service sector and inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor revisions in subsequent releases.
Related Trends
Personal Consumption Expenditures: Services: Health Care for Louisiana
LAPCEHLTHCARE
Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for Louisiana
EMISSCO2VCLEIBLAA
Real Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Louisiana
LAARTETRTACCFDRGSP
Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in Louisiana
LATRANSUTILQGSP
Utilities Earnings in Louisiana
LAEUTI
Average Weekly Earnings of All Employees: Education and Health Services in Louisiana
SMU22000006500000011A
Citation
U.S. Federal Reserve, All Employees: Service-Providing in Louisiana (SMS22000000700000001), retrieved from FRED.