Total Revenue for Health Care and Social Assistance, All Establishments
REV62AMSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,033,980.00
Year-over-Year Change
30.42%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for the health care and social assistance industry in the United States, providing insight into the financial health and growth of this crucial 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 Health Care and Social Assistance, All Establishments series tracks the total sales and receipts generated by establishments in the health care and social assistance industry, which includes hospitals, nursing homes, doctor's offices, and other providers of health and social services.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists and policymakers to assess the economic performance and outlook for the health care industry.
Key Facts
- The health care and social assistance industry accounts for over 13% of U.S. GDP.
- Total revenue in this sector exceeded $2.5 trillion in 2021.
- Revenue growth has outpaced overall GDP growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue or sales generated by establishments in the health care and social assistance industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the financial health and growth of the health care sector, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the performance and outlook for the health care industry, which has significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months, so there may be delays in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for Health Care and Social Assistance, All Establishments (REV62AMSA), retrieved from FRED.