All Employees: Support Activities for Transportation in Louisiana
SMU22000004348800001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.80
Year-over-Year Change
2.06%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of employees engaged in support activities for transportation in the state of Louisiana. It provides insights into the strength and dynamics of the transportation industry, which is a crucial 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: Support Activities for Transportation in Louisiana series tracks the total number of individuals employed in various transportation-related support roles, such as logistics, warehousing, and cargo handling. This data is used by economists and policymakers to assess the health and growth of the transportation sector, which plays a vital role in the state's economic development.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by transportation companies, logistics firms, and government agencies to inform investment decisions and policy initiatives.
Key Facts
- Louisiana's transportation support sector employs over 30,000 workers.
- The industry has seen steady growth over the past decade.
- Transportation support activities account for 2% of Louisiana's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees engaged in support activities for the transportation industry in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and dynamics of the transportation sector, which is a crucial component of Louisiana's economy.
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: This trend is closely monitored by transportation companies, logistics firms, and government agencies to inform investment decisions and policy initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Support Activities for Transportation in Louisiana (SMU22000004348800001A), retrieved from FRED.