Contributions, Gifts, and Grants Received for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms
CCRCAALFFTE4116233 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
984.00
Year-over-Year Change
41.38%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the contributions, gifts, and grants received by continuing care retirement communities and assisted living facilities for the elderly in the United States. It provides insights into the financial health and revenue sources of these critical senior care providers.
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 Contributions, Gifts, and Grants Received for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms data series tracks the non-operating revenue sources for these senior care facilities. It is used by economists and policymakers to assess the financial stability and resource availability of the elderly care industry.
Methodology
The data is collected through surveys of continuing care retirement communities and assisted living facilities for the elderly in the United States.
Historical Context
This trend is relevant for understanding the funding landscape and financial pressures facing the elderly care sector, which is crucial for effective policymaking and market analysis.
Key Facts
- Continuing care retirement communities and assisted living facilities are a critical part of the elderly care industry.
- Contributions, gifts, and grants make up a significant portion of revenue for many of these senior care providers.
- Tracking this trend can help identify financial pressures and inform policies to support the elderly care sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contributions, gifts, and grants received by continuing care retirement communities and assisted living facilities for the elderly in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial health and revenue sources of the elderly care industry, which is crucial for effective policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of continuing care retirement communities and assisted living facilities for the elderly in the United States.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the funding landscape and financial pressures facing the elderly care sector, which informs policies to support this critical industry.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and completeness of the survey responses from the senior care facilities.
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Citation
U.S. Federal Reserve, Contributions, Gifts, and Grants Received for Continuing Care Retirement Communities and Assisted Living Facilities for The Elderly, All Establishments, Employer Firms (CCRCAALFFTE4116233), retrieved from FRED.