All Employees: Transportation and Warehousing in Louisiana
SMU22000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.40
Year-over-Year Change
9.09%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the total number of employees in the transportation and warehousing industry in Louisiana. It provides valuable insights into the labor market and economic activity within this key sector.
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: Transportation and Warehousing in Louisiana metric tracks the monthly employment levels across various transportation-related industries, including air, rail, water, and trucking transportation, as well as warehousing and storage facilities. This data is a key indicator of logistics and supply chain health in the state.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the strength of Louisiana's logistics and distribution infrastructure.
Key Facts
- Louisiana is a major transportation and logistics hub in the United States.
- The transportation and warehousing sector employs over 100,000 people in Louisiana.
- Employment in this sector has grown steadily in Louisiana over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation and warehousing industry in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and growth of Louisiana's logistics and supply chain infrastructure, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Louisiana's transportation and distribution sectors, which inform decisions on infrastructure investment, workforce development, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in Louisiana (SMU22000004340008901A), retrieved from FRED.