Total Expenses for Child Day Care Services, All Establishments
EXP6244ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,442.00
Year-over-Year Change
32.55%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total quarterly expenses for child day care services across all U.S. establishments. It provides insight into the overall economic activity and spending within the child care industry.
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 total expenses for child day care services represents the aggregate dollar value of operating costs incurred by child care providers, including wages, rent, supplies, and other business expenditures. This data helps economists and policymakers analyze the financial health and consumer demand within the child care sector.
Methodology
The data is collected through quarterly surveys of child day care establishments by the U.S. Census Bureau.
Historical Context
This trend can inform policy decisions and business strategies related to the child care industry and its role in the broader economy.
Key Facts
- Child day care is a $54 billion industry in the U.S.
- Expenses have grown by 25% over the past decade.
- The child care sector employs over 1 million workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly expenses incurred by child day care services across all U.S. establishments.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the financial health and consumer demand within the child care industry, which is an important sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of child day care establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions and business strategies related to the child care industry and its role in the broader economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical delay of 2-3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Total Expenses for Child Day Care Services, All Establishments (EXP6244ALLEST144QNSA), retrieved from FRED.