Average Weekly Hours of Production Employees: Manufacturing in Louisiana
SMU22000003000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.10
Year-over-Year Change
1.51%
Date Range
1/1/2001 - 6/1/2025
Summary
The 'Average Weekly Hours of Production Employees: Manufacturing in Louisiana' tracks the average number of hours worked per week by manufacturing production workers in the state of Louisiana. This metric provides valuable insights into labor market conditions and manufacturing sector performance.
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
This economic indicator measures the average weekly hours for production employees in the manufacturing industry in Louisiana. It is an important data point for economists and policymakers to assess labor trends, industry activity, and productivity within the state's manufacturing sector.
Methodology
The data is collected through surveys of manufacturing establishments in Louisiana by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to evaluate the health of Louisiana's manufacturing industry and make informed decisions about economic and workforce policies.
Key Facts
- Louisiana manufacturing employs over 150,000 workers.
- The average weekly hours for production employees in Louisiana manufacturing has remained stable around 41 hours in recent years.
- Manufacturing accounts for approximately 10% of Louisiana's total GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Average Weekly Hours of Production Employees: Manufacturing in Louisiana' measures the average number of hours worked per week by manufacturing production workers in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor market conditions and the performance of Louisiana's manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments in Louisiana by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health of Louisiana's manufacturing industry and make informed decisions about economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical delay of 1-2 months between the reference period and publication.
Similar SMU Trends
Number of National Member Commercial Banks in Louisiana
X08CBMBNLA
All Employees: Education and Health Services: Social Assistance in Louisiana
SMU22000006562400001SA
All Employees: Non-Durable Goods: Basic Chemical Manufacturing in Louisiana
SMU22000003232510001A
Insured Unemployment Rate in Louisiana
LAINSUREDUR
Estimate of People Under Age 5 in Poverty for Louisiana
PE0T4LA22000A647NCEN
Employed Involuntary Part-Time for Louisiana
INVOLPTEMPLA
Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing in Louisiana (SMU22000003000000007), retrieved from FRED.