All Employees: Manufacturing: Durable Goods: Ship and Boat Building in Louisiana
SMU22000003133660001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.01
Year-over-Year Change
0.01%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of manufacturing employees in the ship and boat building industry in Louisiana. It provides insight into the strength and trends of this key sector of the state's 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: Manufacturing: Durable Goods: Ship and Boat Building in Louisiana series tracks the monthly employment levels in this manufacturing subsector. It is used by economists and policymakers to analyze the health and competitiveness of Louisiana's maritime manufacturing industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the broader Louisiana economy and its reliance on maritime manufacturing.
Key Facts
- Louisiana is a major center for shipbuilding and repair.
- The maritime manufacturing industry employs over 20,000 workers in the state.
- Ship and boat building accounts for a significant portion of Louisiana's durable goods manufacturing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment levels in the ship and boat building manufacturing industry in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and competitiveness of a key sector of Louisiana's economy.
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: Economists and policymakers use this metric to analyze the strength and trends of Louisiana's maritime manufacturing industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Ship and Boat Building in Louisiana (SMU22000003133660001SA), retrieved from FRED.