All Employees: Professional and Business Services: Administrative and Support Services in Louisiana
SMU22000006056100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.33
Year-over-Year Change
2.37%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the administrative and support services industry in Louisiana. It is an important indicator of the health and activity of the state's professional and business services sector.
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: Professional and Business Services: Administrative and Support Services in Louisiana trend tracks the monthly employment levels in this key industry, which includes establishments that provide a variety of support services to businesses and organizations.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) program.
Historical Context
This trend is used by economists, policymakers, and business analysts to monitor the Louisiana economy and inform decisions.
Key Facts
- Louisiana's administrative and support services industry employs over 160,000 people.
- This sector has seen steady growth over the past decade.
- Administrative and support services account for over 10% of Louisiana's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support services industry in Louisiana, which includes establishments that provide a variety of support services to businesses and organizations.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of the health and activity of Louisiana's professional and business services sector, which is a key part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) program.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and business analysts to monitor the Louisiana economy and inform decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revision as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support Services in Louisiana (SMU22000006056100001SA), retrieved from FRED.