Total Revenue for Offices of Physicians, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for offices of physicians, establishments subject to federal income tax over time.
Latest Value
183528.00
Year-over-Year Change
28.13%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue for offices of physicians subject to federal income tax. It provides insight into the financial health and activity of the medical services 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 Revenue for Offices of Physicians, Establishments Subject to Federal Income Tax is a key indicator of economic performance in the healthcare sector. It tracks the quarterly sales and receipts for physician offices that are required to pay federal income tax.
Methodology
The data is collected by the U.S. Census Bureau through surveys of medical service providers.
Historical Context
This trend is closely monitored by policymakers, analysts, and industry stakeholders to gauge consumer demand and industry conditions.
Key Facts
- Quarterly data available since 1993.
- Measured in billions of U.S. dollars.
- Reached a record high of $614 billion in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue earned by offices of physicians that are subject to federal income tax. It provides a snapshot of financial activity in the medical services industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and industry stakeholders as an indicator of consumer demand, healthcare spending, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of physician offices and other medical service providers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the financial health of the healthcare industry and make informed decisions about regulations, reimbursement policies, and other economic interventions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of several months. There may also be revisions to previous quarters as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Offices of Physicians, Establishments Subject to Federal Income Tax (REV6211TAXABL144QNSA), retrieved from FRED.