All Employees: Leisure and Hospitality: Food Services and Drinking Places in Louisiana
SMU22000007072200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.89
Year-over-Year Change
3.29%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the leisure and hospitality sector, specifically food services and drinking places, in the state of Louisiana. It provides insights into the labor market and economic activity within the state's service 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
The All Employees: Leisure and Hospitality: Food Services and Drinking Places in Louisiana metric tracks the employment levels in the food services and drinking places subsector of the leisure and hospitality industry. This data is used by economists and policymakers to gauge the overall health and trends within Louisiana's service-oriented businesses.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the state of Louisiana's economy, particularly the service and hospitality sectors, which are important drivers of economic activity and employment.
Key Facts
- Louisiana's leisure and hospitality sector accounts for over 10% of the state's total employment.
- Food services and drinking places make up the largest subsector within Louisiana's leisure and hospitality industry.
- Employment in Louisiana's food services and drinking places has fluctuated significantly due to the impact of the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the food services and drinking places subsector of the leisure and hospitality industry in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of an important sector of Louisiana's economy, which is crucial for understanding the state's overall economic conditions and labor market.
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: Policymakers and economists use this trend to monitor the strength of Louisiana's service industry, which can inform decisions related to economic development, workforce policies, and support for the hospitality sector.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a slight delay in reporting, but it provides a reliable and comprehensive measure of employment in Louisiana's food services and drinking places sector.
Related Trends
Value of Exports to Canada from Louisiana
LACANA052SCEN
Electric Power Carbon Dioxide Emissions, Distillate Fuel for Louisiana
EMISSCO2VDKEIBLAA
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Louisiana
SMU22000004142400001A
Average Weekly Earnings of Production Employees: Mining and Logging in Louisiana
SMU22000001000000030
Personal Consumption Expenditures: Services: Housing and Utilities for Louisiana
LAPCEHOUSUTL
State Government Tax Collections, Total Taxes in Louisiana
LATOTLTAX
Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Food Services and Drinking Places in Louisiana (SMU22000007072200001SA), retrieved from FRED.