Gross Annual Payroll for Ambulatory Health Care Services, All Establishments, Employer Firms
EXPGAPEF621ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
570,150.00
Year-over-Year Change
78.37%
Date Range
1/1/2005 - 1/1/2022
Summary
The Gross Annual Payroll for Ambulatory Health Care Services, All Establishments, Employer Firms is an important economic indicator that measures the total payroll expenses for ambulatory healthcare providers across the United States. This metric offers insights into the overall size and growth of the ambulatory healthcare 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
This economic trend represents the total annual payroll expenses for all ambulatory healthcare establishments, including physician offices, outpatient care centers, and other similar providers. Economists and policymakers monitor this data to gauge the financial health and labor dynamics of the healthcare sector.
Methodology
The data is collected through surveys of healthcare establishments by the U.S. Census Bureau.
Historical Context
This metric is used to inform economic and healthcare policy decisions at the federal, state, and local levels.
Key Facts
- The ambulatory healthcare industry accounts for over $1 trillion in annual economic activity.
- Payroll expenses make up the largest share of costs for most healthcare providers.
- This metric has shown steady growth in recent years as demand for healthcare services has increased.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual payroll expenses for all ambulatory healthcare establishments in the United States, including physician offices, outpatient clinics, and other similar providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the financial health and labor dynamics of the healthcare industry, which is a critical sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this data to inform decisions related to healthcare funding, workforce planning, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is typically published with a several month lag, and may not capture all small or informal healthcare providers.
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Citation
U.S. Federal Reserve, Gross Annual Payroll for Ambulatory Health Care Services, All Establishments, Employer Firms (EXPGAPEF621ALLEST), retrieved from FRED.