Total Revenue for Child Day Care Services, Establishments Exempt from Federal Income Tax
REV6244TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,985.00
Year-over-Year Change
2.53%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for child day care services provided by establishments exempt from federal income tax. It is an important indicator of activity and demand in the non-profit child care 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 Child Day Care Services, Establishments Exempt from Federal Income Tax series tracks quarterly revenue for non-profit child care providers. It is used by economists and policymakers to analyze trends in the supply and affordability of child care services.
Methodology
The data is collected through surveys of child day care establishments conducted by the U.S. Census Bureau.
Historical Context
This trend provides insights into the financial health and market dynamics of the non-profit child care industry, which is a key focus area for social and family policy.
Key Facts
- Non-profit child care providers generate over $25 billion in annual revenue.
- Revenue has grown by 20% over the past decade.
- The child care industry employs over 1 million workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue for child day care services provided by establishments that are exempt from federal income tax, such as non-profit and community-based providers.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of activity and financial health in the non-profit child care sector, which is a key focus area for social and family policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of child day care establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the supply, affordability, and financial viability of non-profit child care services, which are an important component of the social safety net and workforce support system.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a lag of approximately two months, so there may be delays in observing the most recent trends.
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Citation
U.S. Federal Reserve, Total Revenue for Child Day Care Services, Establishments Exempt from Federal Income Tax (REV6244TAXEPT144QNSA), retrieved from FRED.