Medical Services Expenditures by Disease: Diseases of the Nervous System and Sense Organs Price Index, Blended Account Basis
DONSSOPIBLEND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.03
Year-over-Year Change
53.40%
Date Range
1/1/2000 - 1/1/2021
Summary
This index measures the price changes over time for medical services expenditures related to diseases of the nervous system and sense organs, based on a blended account basis.
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 Diseases of the Nervous System and Sense Organs Price Index, Blended Account Basis tracks the costs of medical services and treatments for conditions affecting the nervous system and sensory organs. This metric is used by economists and policymakers to understand healthcare cost inflation in this important medical domain.
Methodology
This index is calculated based on a blended approach using both personal consumption expenditures and producer price index data.
Historical Context
This price index provides insight into a critical component of overall healthcare spending and helps inform policy decisions.
Key Facts
- Tracks medical costs for nervous system and sensory organ conditions.
- Based on a blended personal and producer price index approach.
- Provides insight into a key component of overall healthcare spending.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes over time for medical services and treatments related to diseases and conditions affecting the nervous system and sensory organs.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into a critical component of overall healthcare spending, which is relevant for economists, policymakers, and healthcare industry analysts.
Q: How is this data collected or calculated?
A: The index is calculated based on a blended approach using both personal consumption expenditures and producer price index data.
Q: How is this trend used in economic policy?
A: This price index helps inform policy decisions related to healthcare costs and spending, particularly in the areas of nervous system and sensory organ medical services.
Q: Are there update delays or limitations?
A: There may be some delays in data updates, and the index is limited to the specific medical services and conditions covered within its scope.
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Citation
U.S. Federal Reserve, Medical Services Expenditures by Disease: Diseases of the Nervous System and Sense Organs Price Index, Blended Account Basis (DONSSOPIBLEND), retrieved from FRED.