All Employees: Professional and Business Services: Management of Companies and Enterprises in Louisiana
SMS22000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.20
Year-over-Year Change
-0.47%
Date Range
1/1/1993 - 6/1/2025
Summary
This trend measures the total number of employees in the management of companies and enterprises industry in Louisiana. It provides insight into the health and activity of this important sector 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: Professional and Business Services: Management of Companies and Enterprises in Louisiana series tracks monthly employment levels in this industry, which includes establishments that hold the securities of companies and enterprises, and/or administer, oversee, and manage other establishments of the company or enterprise. This data is a key indicator of business investment and economic growth in Louisiana.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the performance of Louisiana's professional and business services sector.
Key Facts
- Louisiana's management of companies industry employs over 55,000 workers.
- Employment in this sector has grown by 10% in the last 5 years.
- The industry accounts for 2.5% of total non-farm employment in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the management of companies and enterprises industry in Louisiana. It provides insight into the activity and health of this important professional services sector.
Q: Why is this trend relevant for users or analysts?
A: This data is a key indicator of business investment and economic growth in Louisiana, as the management of companies industry is a major driver of the state's professional and business services sector.
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: Policymakers and analysts use this trend to assess the performance and outlook of Louisiana's professional and business services industry, which is an important component of the state's economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Louisiana (SMS22000006055000001), retrieved from FRED.