All Employees: Manufacturing: Durable Goods in Louisiana
SMS22000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.30
Year-over-Year Change
4.68%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods sector in Louisiana. It provides important insights into the state's industrial output and labor market conditions.
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: Manufacturing: Durable Goods in Louisiana series tracks the monthly employment levels in the state's durable goods manufacturing industry. This data is a key indicator of economic activity and can inform business investment, policy decisions, and broader market analysis.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by economists, policymakers, and industry analysts to assess Louisiana's manufacturing competitiveness and economic health.
Key Facts
- Louisiana accounts for over 5% of U.S. durable goods manufacturing employment.
- Durable goods make up nearly 60% of the state's total manufacturing workforce.
- Employment in this sector has grown by 8% in Louisiana over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the durable goods manufacturing sector in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Louisiana's industrial base and can help inform business decisions, economic policy, and broader market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess Louisiana's manufacturing competitiveness and the overall health of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Louisiana (SMS22000003100000001), retrieved from FRED.