Total Revenue for Ambulance Services, All Establishments, Employer Firms
REVEF62191ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,842.00
Year-over-Year Change
50.50%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for ambulance services across all employer firms in the United States. It provides important insights into the financial performance and utilization of the ambulance industry.
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 Ambulance Services, All Establishments, Employer Firms metric tracks the aggregate sales and operating income of businesses providing ambulance transportation services. This data point is closely monitored by economists, policymakers, and industry analysts to assess the financial health and demand trends within the emergency medical services sector.
Methodology
The data is collected through surveys of employer firms in the ambulance services industry by the U.S. Census Bureau.
Historical Context
This economic indicator is relevant for understanding the macroeconomic factors impacting the healthcare and emergency response sectors.
Key Facts
- Ambulance services generated over $20 billion in total revenue in the U.S. in recent years.
- The ambulance industry employs more than 250,000 people nationwide.
- Demand for emergency medical transportation has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total revenue generated by businesses providing ambulance and emergency medical transportation services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for ambulance services is an important indicator of demand, utilization, and financial performance within the emergency medical transportation industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms in the ambulance services industry conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the financial health and demand trends within the emergency medical services sector, which has implications for healthcare policy and funding.
Q: Are there update delays or limitations?
A: The data is published quarterly 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 Ambulance Services, All Establishments, Employer Firms (REVEF62191ALLEST), retrieved from FRED.