All Employees: Construction: Heavy and Civil Engineering Construction in Louisiana
SMU22000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.40
Year-over-Year Change
-4.72%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the heavy and civil engineering construction industry in Louisiana. It is an important indicator of construction activity and investment in the state's infrastructure.
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: Construction: Heavy and Civil Engineering Construction in Louisiana metric tracks the total number of workers in this specific construction sector within the state. It provides insights into the health and activity levels of large-scale infrastructure projects, which are crucial for economic growth and development.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this trend to gauge the state of Louisiana's construction industry and broader economic conditions.
Key Facts
- Louisiana's heavy and civil engineering construction employs over 20,000 workers.
- The industry has seen steady growth in recent years, reflecting investments in the state's infrastructure.
- Construction activity is a key driver of economic growth in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the heavy and civil engineering construction industry in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity levels of large-scale infrastructure projects in Louisiana, which are crucial for the state's economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to gauge the state of Louisiana's construction industry and broader economic conditions, informing decisions on infrastructure investments and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical time lags associated with government statistical releases, but it provides a reliable and comprehensive measure of employment in this specific construction sector.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Louisiana (SMU22000002023700001), retrieved from FRED.