Total Revenue for Health Care and Social Assistance, Establishments Subject to Federal Income Tax
REV62TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.30
Year-over-Year Change
8.33%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for health care and social assistance establishments subject to federal income tax. It provides insight into the financial performance and economic activity in these critical service sectors.
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 quarterly total revenue generated by U.S. health care and social assistance businesses that are required to pay federal income taxes. This metric is used by economists and policymakers to analyze trends in the financial health and growth of these service industries.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of businesses in the health care and social assistance sectors.
Historical Context
This revenue trend is closely watched by government, industry, and market analysts to assess the economic conditions and outlook for the health care and social services sectors.
Key Facts
- Health care and social assistance are major U.S. economic sectors.
- Quarterly revenue in these industries topped $1 trillion in recent years.
- The data excludes non-profit and government-owned establishments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue generated by U.S. health care and social assistance businesses that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This revenue metric provides important insights into the financial performance and growth of these critical service sectors, which are closely watched by economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of businesses in the health care and social assistance industries.
Q: How is this trend used in economic policy?
A: Trends in health care and social assistance revenue are actively monitored by government, industry, and market analysts to assess economic conditions and the outlook for these vital service sectors.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and it excludes non-profit and government-owned establishments in these industries.
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Citation
U.S. Federal Reserve, Total Revenue for Health Care and Social Assistance, Establishments Subject to Federal Income Tax (REV62TAXABL157QNSA), retrieved from FRED.