Total Revenue for Health Care and Social Assistance, Establishments Subject to Federal Income Tax
REV62TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
526,429.00
Year-over-Year Change
31.62%
Date Range
1/1/2009 - 4/1/2025
Summary
This economic trend measures total revenue for healthcare and social assistance establishments subject to federal income tax. It provides insight into the financial health and growth of a key service 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, Establishments Subject to Federal Income Tax series tracks the aggregate revenue generated by private-sector healthcare and social assistance businesses that file federal income taxes. This metric offers a high-level view of economic activity and demand in these essential service industries.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of businesses.
Historical Context
Economists and policymakers monitor this revenue trend to assess the financial performance and underlying demand for healthcare and social services.
Key Facts
- Healthcare and social assistance is the largest private-sector employer in the U.S.
- This industry accounts for over 15% of total U.S. GDP.
- Revenue growth in this sector is closely watched for economic and policy implications.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by private-sector healthcare and social assistance establishments that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides insight into the financial health and underlying demand for critical healthcare and social services in 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 quarterly surveys of businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this revenue trend to assess the performance and growth of the healthcare and social assistance sector, which has significant implications for employment, consumer spending, and overall economic activity.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months.
Related Trends
Revenue from Governments for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax
GOV518TAXABL144QNSA
Total Revenue for Media Buying Agencies, All Establishments, Employer Firms
REVEF54183ALLEST
Total Revenue for Other Ambulatory Health Care Services, Establishments Exempt from Federal Income Tax
REV6219TAXEPT144QNSA
Total Revenue for Waste Management and Remediation Services, Establishments Subject to Federal Income Tax
REV562TAXABL144QNSA
Temporary Staff and Leased Employee Expense for Accounting, Tax Preparation, Bookkeeping, and Payroll Services, All Establishments, Employer Firms
EXPTSLEF5412ALLEST
Sources of Revenue: Application Software Publishing - Vertical Market Application Software for Software Publishers, All Establishments, Employer Firms
REVVMAEF5112ALLEST
Citation
U.S. Federal Reserve, Total Revenue for Health Care and Social Assistance, Establishments Subject to Federal Income Tax (REV62TAXABL144QNSA), retrieved from FRED.