Total Revenue for Offices of Other Health Practitioners, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for offices of other health practitioners, establishments subject to federal income tax over time.
Latest Value
-4.40
Year-over-Year Change
-291.30%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic indicator tracks the total revenue for offices of other health practitioners, such as chiropractors, optometrists, and physical therapists, that are subject to federal income tax. It serves as an important metric for analyzing the financial health and trends within the healthcare services sector.
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 Other Health Practitioners, Establishments Subject to Federal Income Tax series provides quarterly data on the total revenue generated by a range of healthcare service providers. This metric offers insights into the economic performance and demand for these specialized medical services.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of healthcare service establishments.
Historical Context
This economic indicator is closely monitored by policymakers, healthcare industry analysts, and investors to gauge the overall strength and trajectory of the healthcare services sector.
Key Facts
- The healthcare services sector accounts for over 18% of the U.S. GDP.
- Offices of other health practitioners generate over $100 billion in annual revenue.
- Revenue in this sector has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total revenue generated by offices of other health practitioners, such as chiropractors, optometrists, and physical therapists, that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the financial performance and economic health of the healthcare services sector, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of healthcare service establishments.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors closely monitor this indicator to assess the overall strength and trajectory of the healthcare services sector, which informs economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a typical delay of approximately two months.
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Citation
U.S. Federal Reserve, Total Revenue for Offices of Other Health Practitioners, Establishments Subject to Federal Income Tax (REV6213TAXABL157QNSA), retrieved from FRED.