Production or Nonsupervisory Employees: Manufacturing in Louisiana
SMU22000003000000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.39
Year-over-Year Change
5.71%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the number of production and nonsupervisory employees in the manufacturing sector in Louisiana. It provides insight into the health and labor dynamics of the state's manufacturing 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 'Production or Nonsupervisory Employees: Manufacturing in Louisiana' series tracks the monthly count of workers in non-managerial roles at manufacturing facilities located in the state. This metric is used to analyze employment trends and labor market conditions in Louisiana's manufacturing sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the performance and competitiveness of Louisiana's manufacturing base.
Key Facts
- Louisiana has a diverse manufacturing sector, including petrochemicals, aerospace, and food processing.
- Manufacturing accounts for over 10% of Louisiana's total GDP.
- The state has seen steady growth in manufacturing employment since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production and nonsupervisory employees in the manufacturing sector located in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and labor dynamics of Louisiana's manufacturing industry, which is an important contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the performance and competitiveness of Louisiana's manufacturing sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing in Louisiana (SMU22000003000000006SA), retrieved from FRED.