All Employees: Mining, Logging, and Construction in Louisiana
SMS22000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167.50
Year-over-Year Change
-0.71%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the total number of employees in the mining, logging, and construction industries in Louisiana. It provides insight into the labor market and economic activity in these key sectors.
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: Mining, Logging, and Construction in Louisiana series measures the total number of employees across mining, logging, and construction companies located in the state. This data is used by economists and policymakers to assess the strength and trends in Louisiana's extractive and construction industries.
Methodology
The data is collected through monthly surveys of businesses and establishments in Louisiana.
Historical Context
Monitoring this employment trend is important for understanding the health of Louisiana's natural resource and infrastructure sectors.
Key Facts
- Louisiana is a major producer of oil, gas, and other minerals.
- The construction industry is a key driver of the state's economy.
- Employment in these sectors fluctuates with commodity prices and infrastructure investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the mining, logging, and construction industries in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of Louisiana's natural resource extraction and infrastructure construction sectors, which are critical components of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments in Louisiana.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this employment trend to assess the strength of Louisiana's extractive and construction industries, which can inform decisions around economic development, infrastructure investment, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Louisiana (SMS22000001500000001), retrieved from FRED.