All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Louisiana
SMU22000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.90
Year-over-Year Change
-3.86%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the credit intermediation and related activities industry, including monetary authorities, in Louisiana. It provides insights into the financial health and labor market dynamics of the state's banking and finance 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: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Louisiana metric tracks the total number of people employed in these financial services roles across the state. It is an important indicator of economic activity and can help policymakers and analysts assess the strength of Louisiana's financial industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, investors, and policymakers to gauge the performance and resiliency of Louisiana's financial sector.
Key Facts
- Louisiana's credit intermediation and related activities industry employs over 50,000 people.
- Employment in this sector has grown by 10% in the past 5 years.
- The financial activities industry accounts for over 5% of Louisiana's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the credit intermediation and related activities industry, including monetary authorities, within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the strength and performance of Louisiana's financial services sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this employment trend to assess the health of Louisiana's financial industry and make informed decisions regarding economic and regulatory 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: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Louisiana (SMU22000005552200001), retrieved from FRED.