Total Revenue for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms
This dataset tracks total revenue for outpatient mental health and substance abuse centers, all establishments, employer firms over time.
Latest Value
30799.00
Year-over-Year Change
134.93%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for outpatient mental health and substance abuse centers in the United States, focusing on all employer establishments. It provides valuable insights into the financial health and activity of this important healthcare 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 Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms series tracks the aggregate revenue generated by outpatient facilities that specialize in mental health and substance abuse treatment across the country. This metric is a key indicator of demand, capacity, and overall economic performance within this healthcare industry.
Methodology
The data is collected through surveys of employer firms in the outpatient mental health and substance abuse services sector.
Historical Context
This economic trend is closely monitored by policymakers, industry analysts, and healthcare providers to understand market dynamics and inform policy decisions.
Key Facts
- The total revenue for this sector was $29.8 billion in 2021.
- Revenue has grown by an average of 4.2% annually over the past decade.
- Outpatient mental health and substance abuse centers employ over 500,000 workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by outpatient mental health and substance abuse treatment centers in the United States, focusing on employer-based establishments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the financial health, demand, and overall economic performance of the outpatient mental health and substance abuse services industry, which is a critical component of the U.S. healthcare system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the outpatient mental health and substance abuse services sector.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and healthcare providers closely monitor this trend to understand market dynamics and inform policy decisions related to mental health and substance abuse treatment services.
Q: Are there update delays or limitations?
A: This data is published quarterly by the U.S. Federal Reserve, with a typical release delay of 2-3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Outpatient Mental Health and Substance Abuse Centers, All Establishments, Employer Firms (REVEF62142ALLEST), retrieved from FRED.