All Employees: Leisure and Hospitality: Accommodation and Food Services in Louisiana
SMU22000007072000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.10
Year-over-Year Change
2.34%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the leisure and hospitality sector, specifically in the accommodation and food services industry, within the state of Louisiana. It provides insight into the labor market and economic activity in this key service-oriented 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: Leisure and Hospitality: Accommodation and Food Services in Louisiana trend tracks the total number of people employed in Louisiana's accommodation and food services industry, which is a crucial component of the state's leisure and hospitality sector. This metric is used by economists and policymakers to assess the health and performance of this industry, which is a significant driver of Louisiana's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by analysts, businesses, and policymakers to monitor the economic conditions and labor market in Louisiana's tourism and service industries.
Key Facts
- Louisiana's leisure and hospitality sector employs over 200,000 people.
- The accommodation and food services industry accounts for the majority of jobs in Louisiana's leisure and hospitality sector.
- Employment in this sector has experienced significant fluctuations due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the leisure and hospitality sector, specifically in the accommodation and food services industry, within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and performance of Louisiana's tourism and service-oriented industries, which are crucial drivers of the state'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: This trend is widely used by analysts, businesses, and policymakers to monitor the economic conditions and labor market in Louisiana's tourism and service industries, which informs economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the U.S. Bureau of Labor Statistics, which may result in occasional delays or changes to the published figures.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Accommodation and Food Services in Louisiana (SMU22000007072000001), retrieved from FRED.