Total Revenue for Blood and Organ Banks, Establishments Exempt from Federal Income Tax, Employer Firms
REVEF621991TAXEPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,735.00
Year-over-Year Change
22.73%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for blood and organ banks that are exempt from federal income tax. It provides insight into the financial performance and activity levels of these critical healthcare establishments.
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
This data series tracks the total revenue generated by blood and organ banks that are exempt from federal income tax. It serves as an indicator of the overall health and operational scale of these specialized medical facilities, which play a vital role in the healthcare system.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This revenue trend is closely watched by policymakers, regulators, and industry analysts to assess the financial viability and resource levels of the nation's blood and organ banking infrastructure.
Key Facts
- Blood and organ banks are critical to the healthcare system.
- Tax-exempt status allows these establishments to reinvest revenue.
- Revenue trends indicate the financial health of the sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by blood and organ banks that are exempt from federal income tax. It provides insight into the financial performance and operational scale of these specialized healthcare facilities.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend is closely monitored by policymakers, regulators, and industry analysts to assess the financial viability and resource levels of the nation's blood and organ banking infrastructure, which is vital to healthcare.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this revenue data to evaluate the financial health and operational capacity of the blood and organ banking sector, informing decisions related to healthcare policy and resource allocation.
Q: Are there update delays or limitations?
A: There may be some time lag in the availability of this data due to the survey-based collection process, but it generally provides a reliable and timely indicator of revenue trends in the blood and organ banking industry.
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Citation
U.S. Federal Reserve, Total Revenue for Blood and Organ Banks, Establishments Exempt from Federal Income Tax, Employer Firms (REVEF621991TAXEPT), retrieved from FRED.