All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Louisiana
SMS22000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.80
Year-over-Year Change
0.29%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the administrative, support, waste management, and remediation services sector in Louisiana. It provides insights into the health and growth of this important part of the state's service 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: Administrative and Support and Waste Management and Remediation Services in Louisiana series tracks the number of people employed in these related service industries across the state. This data point is used by economists and policymakers to assess economic conditions and the strength of the labor market.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the broader service sector and business environment in Louisiana.
Key Facts
- Louisiana has over 175,000 people employed in administrative and support services.
- This sector accounts for nearly 8% of total nonfarm employment in the state.
- Employment in this sector has grown by over 10% in Louisiana since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the administrative, support, waste management, and remediation services sector in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into a key part of Louisiana's service economy and labor market, which is important for assessing economic conditions and growth in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor the health and growth of Louisiana's service sector, which informs decisions around economic development, workforce training, and other policies.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of approximately one month, so there may be a short delay in the most recent figures.
Related Trends
All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Louisiana
SMU22000004244400001SA
Real Gross Domestic Product: Monetary Authorities-Central Bank, Credit Intermediation, and Related Services (521-522) in Louisiana
LAFRBCIRGSP
All Employees: Leisure and Hospitality: Gambling Industries in Louisiana
SMU22000007071320001SA
High-Propensity Business Applications for Louisiana
HBUSAPPWNSALA
Real Gross Domestic Product: Amusement, Gambling, and Recreation Industries (713) in Louisiana
LAAMUSERGSP
Accommodation and Food Services Earnings in Louisiana
LAEACC
Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Louisiana (SMS22000006056000001), retrieved from FRED.