All Employees: Professional and Business Services: Services to Buildings and Dwellings in Louisiana
SMU22000006056170001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
2.22%
Date Range
1/1/2003 - 6/1/2025
Summary
This economic trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of Louisiana. It provides insights into the labor market and economic activity in this key service 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: Professional and Business Services: Services to Buildings and Dwellings in Louisiana series tracks the employment levels in the establishments that provide services to commercial and residential buildings, such as cleaning, landscaping, and security services. This data is used by economists and policymakers to analyze the health and trends of the professional services industry in Louisiana.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the state of the commercial and residential services industry, which is an important driver of economic activity and a key component of the broader professional services sector.
Key Facts
- Louisiana's professional and business services sector accounts for over 10% of the state's total employment.
- The services to buildings and dwellings industry has experienced steady growth in Louisiana over the past decade.
- Employment in this sector is closely tied to the performance of the state's commercial and residential real estate markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and economic activity in the professional services industry, which is an important driver of economic growth in Louisiana.
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 employment trend is used by economists and policymakers to analyze the health and trends of the commercial and residential services industry, which is a key component of the broader professional services sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
Similar SMU Trends
Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Louisiana
LAPCERECGD
Coefficient for Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for Louisiana
EMISSCO2CHLICBLAA
Gross Domestic Product: Accommodation and Food Services (72) in Louisiana
LAACCOMDNQGSP
All Employees: Leisure and Hospitality: Food Services and Drinking Places in Louisiana
SMU22000007072200001SA
All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Louisiana
SMU22000005552200001A
Number of Civilians Unemployed for 15 Weeks or Longer for Louisiana
UNEMP15LA
Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in Louisiana (SMU22000006056170001), retrieved from FRED.