All Employees: Leisure and Hospitality: Gambling Industries in Louisiana
SMU22000007071320001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.49
Year-over-Year Change
-1.43%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the leisure and hospitality sector's gambling industries in Louisiana. It provides insights into the state's tourism and entertainment 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: Leisure and Hospitality: Gambling Industries in Louisiana series tracks total employment in the gambling sector, which includes casinos, racetracks, and other gaming establishments. This data is a key indicator of economic activity and consumer demand in Louisiana's leisure and tourism industries.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the health of Louisiana's tourism and entertainment sectors.
Key Facts
- Louisiana's gambling industry employs over 20,000 workers.
- The state's casino revenue exceeds $2 billion annually.
- Gambling accounts for a significant portion of Louisiana's tourism economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in Louisiana's leisure and hospitality sector's gambling industries, including casinos, racetracks, and other gaming establishments.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and activity of Louisiana's tourism and entertainment economy, which is a major driver of the state's economic growth.
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 analysts use this trend to monitor the performance of Louisiana's leisure and hospitality sector, which is crucial for understanding the state's overall economic conditions and policy priorities.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Gambling Industries in Louisiana (SMU22000007071320001SA), retrieved from FRED.