Total Revenue for Social Assistance, All Establishments
This dataset tracks total revenue for social assistance, all establishments over time.
Latest Value
86686.00
Year-over-Year Change
28.20%
Date Range
1/1/2009 - 4/1/2025
Summary
The Total Revenue for Social Assistance, All Establishments trend measures total revenue generated by social assistance providers in the United States. This metric is a key indicator of economic activity and demand for social services.
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 quarterly economic series tracks the total revenue earned by all types of social assistance establishments, including individual and family services, community food and housing, and vocational rehabilitation services. It provides insight into the overall size and performance of the social services sector.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the health of the social services industry and broader economic conditions.
Key Facts
- Social assistance revenue totaled $328 billion in 2022.
- The sector employs over 3 million workers in the U.S.
- Revenue has grown by 24% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by all social assistance establishments in the United States, including individual and family services, community food and housing, and vocational rehabilitation services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall size, performance, and economic impact of the social services sector, which is a crucial part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this trend to assess the health of the social services industry and broader economic conditions, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month delay. While comprehensive, the survey-based nature of the data collection may result in some limitations in coverage or timeliness.
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Citation
U.S. Federal Reserve, Total Revenue for Social Assistance, All Establishments (REV624ALLEST144QNSA), retrieved from FRED.