All Employees: Retail Trade: Food and Beverage Stores in Louisiana
SMU22000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.60
Year-over-Year Change
4.89%
Date Range
1/1/1996 - 1/1/2024
Summary
This economic trend measures the total number of employees in the retail trade sector for food and beverage stores in Louisiana. It provides valuable insights into the strength and trends of this key component 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: Retail Trade: Food and Beverage Stores in Louisiana metric tracks the employment levels in this vital industry, which includes grocery stores, convenience stores, and other food and drink retailers. This data is used by economists and policymakers to monitor the health and performance of Louisiana's retail trade sector.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This trend is closely watched by analysts and decision-makers to assess consumer spending patterns and the overall economic conditions in Louisiana.
Key Facts
- Louisiana has over 40,000 employees in the food and beverage retail sector.
- This industry accounts for nearly 15% of the state's total retail trade employment.
- Employment in Louisiana's food and beverage stores has grown by 5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade sector for food and beverage stores located in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the strength and performance of a key component of Louisiana's economy, allowing analysts and policymakers to monitor consumer spending patterns and economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This trend is closely watched by analysts and decision-makers to assess consumer spending patterns and the overall economic conditions in Louisiana, which informs economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
All Employees: Other Services: Repair and Maintenance in Louisiana
SMU22000008081100001
Earnings by Place of Work in Louisiana
LAEPLA
Industrial Carbon Dioxide Emissions, Residual Fuel for Louisiana
EMISSCO2VRFICBLAA
All Employees: Government: Local Government in Louisiana
SMS22000009093000001
Number of Identified Exporters to Norway from Louisiana
LANORA475SCEN
Real Gross Domestic Product: Military in Louisiana
LAGOVFEDMILRGSP
Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Louisiana (SMU22000004244500001A), retrieved from FRED.