All Employees: Leisure and Hospitality: Accommodation in Louisiana
SMU22000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.10
Year-over-Year Change
-2.97%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the accommodation industry, a key component of the leisure and hospitality sector, within the state of Louisiana. It provides insights into the health and recovery of Louisiana's tourism and travel-related 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: Leisure and Hospitality: Accommodation in Louisiana series tracks the number of people employed in hotels, motels, and other accommodation businesses across the state. This metric is used by economists and policymakers to gauge the strength of Louisiana's tourism industry and consumer demand for travel-related services.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by Louisiana state officials, tourism boards, and the hospitality industry to inform economic and policy decisions.
Key Facts
- Louisiana's accommodation industry employs over 50,000 people.
- The accommodation sector accounts for 25% of Louisiana's leisure and hospitality jobs.
- Employment in Louisiana's accommodation industry has not yet fully recovered to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the accommodation industry, including hotels, motels, and other lodging businesses, within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and recovery of Louisiana's tourism and travel-related economy, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Louisiana state officials, tourism boards, and the hospitality industry closely monitor this trend to inform economic and policy decisions related to the state's tourism and travel sectors.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, typically 1-2 months after the reference period, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation in Louisiana (SMU22000007072100001), retrieved from FRED.