Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, Establishments Exempt From Federal Income Tax, Employer Firms
CCRCAALFFTE236233 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,847.00
Year-over-Year Change
32.03%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures revenue for continuing care retirement communities and assisted living facilities for the elderly that are exempt from federal income tax. It provides insights into the financial performance of this important healthcare 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 Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, Establishments Exempt From Federal Income Tax, Employer Firms trend tracks the total revenue generated by these types of senior care facilities that are exempt from federal income taxes. This data is used to analyze the financial health and growth of the elderly care industry.
Methodology
The data is collected through surveys of establishments in this industry sector.
Historical Context
This trend is relevant for understanding the economic conditions and dynamics within the senior care market.
Key Facts
- This trend measures revenue for tax-exempt senior care facilities.
- Continuing care retirement communities and assisted living facilities are a key part of the healthcare system.
- Revenue data provides insights into the financial performance of the elderly care industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by continuing care retirement communities and assisted living facilities for the elderly that are exempt from federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial health and growth of the senior care industry, which is an important part of the healthcare system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments in this industry sector.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic conditions and dynamics within the senior care market, which is important for policymakers and industry analysts.
Q: Are there update delays or limitations?
A: The data may have update delays or limitations typical of survey-based economic indicators.
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Citation
U.S. Federal Reserve, Revenue for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, Establishments Exempt From Federal Income Tax, Employer Firms (CCRCAALFFTE236233), retrieved from FRED.