Total Revenue for Diagnostic Imaging Centers, All Establishments, Employer Firms
REVEF621512ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,694.00
Year-over-Year Change
33.56%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic indicator measures the total revenue generated by diagnostic imaging centers across all employer firms in the United States. It is a key metric for understanding the performance and growth of this vital healthcare industry 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 Diagnostic Imaging Centers, All Establishments, Employer Firms series tracks the aggregate sales and receipts for businesses primarily engaged in providing diagnostic imaging services, such as MRI, CT scans, and X-rays. This data is used by economists and policymakers to monitor industry trends and the broader healthcare market.
Methodology
The data is collected through surveys of U.S. employer firms by the U.S. Census Bureau.
Historical Context
Diagnostic imaging revenue trends offer insights into healthcare utilization, consumer spending, and industry conditions that are relevant for policymakers, market analysts, and healthcare providers.
Key Facts
- Diagnostic imaging is a $100+ billion industry in the U.S.
- Revenue growth has averaged over 5% annually in recent years.
- The industry employs over 1 million healthcare workers nationwide.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by diagnostic imaging centers, such as those providing MRI, CT scan, and X-ray services, across all employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: Diagnostic imaging revenue is an important barometer of healthcare industry performance, consumer spending, and utilization patterns that are closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employer firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Diagnostic imaging revenue trends offer insights into healthcare utilization and consumer spending that are relevant for policymakers, market analysts, and healthcare providers in monitoring industry conditions and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for Diagnostic Imaging Centers, All Establishments, Employer Firms (REVEF621512ALLEST), retrieved from FRED.