Total Revenue for Child Day Care Services, All Establishments
This dataset tracks total revenue for child day care services, all establishments over time.
Latest Value
16794.00
Year-over-Year Change
24.65%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue for child day care services across all U.S. establishments. It provides insight into the financial health and demand for this key sector of the economy.
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 child day care services is an important economic indicator that tracks the overall size and performance of the child care industry. It reflects the total sales and receipts from day care centers, preschools, and other establishments providing child care services.
Methodology
The data is collected through surveys of child care providers and establishments by the U.S. Census Bureau.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess the state of the child care market and its impact on employment, consumer spending, and broader economic conditions.
Key Facts
- The child day care services industry generates over $50 billion in annual revenue.
- Revenue for this sector has grown steadily over the past decade.
- Child care is a critical enabler of workforce participation, especially for working parents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by child day care services, including day care centers, preschools, and other establishments providing child care.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for child day care services is an important indicator of the financial health and demand for this crucial industry, which supports workforce participation and broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of child care providers and establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the state of the child care market and its impact on employment, consumer spending, and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Child Day Care Services, All Establishments (REV6244ALLEST144QNSA), retrieved from FRED.