All Employees: Financial Activities in Louisiana
SMU22000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.90
Year-over-Year Change
4.69%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Financial Activities in Louisiana' trend measures the total number of employees in the financial activities sector within the state of Louisiana. This data point is a key indicator of economic activity and employment in the state's financial industry.
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 employment trend provides insights into the health and growth of Louisiana's financial sector, which encompasses industries such as banking, insurance, real estate, and finance. Economists and policymakers use this data to analyze labor market dynamics, assess regional economic performance, and inform policy decisions.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by government agencies, financial institutions, and economic analysts to monitor the state's financial industry and its contribution to the overall economy.
Key Facts
- Louisiana's financial activities sector employs over 100,000 people.
- The financial industry accounts for approximately 6% of Louisiana's total employment.
- Employment in the state's financial activities sector has grown by 10% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in Louisiana' trend measures the total number of employees in the financial activities sector within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of Louisiana's financial industry, which is an important contributor to the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, financial institutions, and economic analysts use this trend to monitor the state's financial industry and its contribution to the overall economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of around one month.
Related Trends
All Employees: Trade, Transportation, and Utilities in Louisiana
LATRAD
Coefficient for Transportation Carbon Dioxide Emissions, Natural Gas (Pipeline) for Louisiana
EMISSCO2CNGACBLAA
Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Louisiana
SMU22000003100000006A
Administrative and Waste Services Wages and Salaries in Louisiana
LAWADM
Average Weekly Earnings of All Employees: Construction in Louisiana
SMU22000002000000011
All Employees: Government: State Government in Louisiana
SMS22000009092000001
Citation
U.S. Federal Reserve, All Employees: Financial Activities in Louisiana (SMU22000005500000001A), retrieved from FRED.