Total Revenue for Nursing Care Facilities, All Establishments, Employer Firms
REVEF6231ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139,663.00
Year-over-Year Change
33.06%
Date Range
1/1/1998 - 1/1/2022
Summary
The 'Total Revenue for Nursing Care Facilities, All Establishments, Employer Firms' measures the total revenue generated by nursing care facilities across the United States. This metric is a key indicator of the overall economic health and activity within the long-term care 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
This economic trend represents the total revenue, or gross sales, of all nursing care facilities that are employer firms in the United States. It provides insight into the financial performance and market dynamics of the nursing home sector, which is an important component of the healthcare industry.
Methodology
The data is collected through surveys of establishments by the U.S. Census Bureau.
Historical Context
Policymakers and industry analysts monitor this trend to assess the financial state of the long-term care sector and its implications for healthcare access and costs.
Key Facts
- Nursing care facilities are a major provider of long-term healthcare services in the US.
- Total revenue reflects the overall economic output and financial health of the sector.
- The trend has implications for healthcare policy and the accessibility of long-term care.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue, or gross sales, generated by all nursing care facilities that are employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial performance and market dynamics of the nursing home sector, which is an important component of the healthcare industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to assess the financial state of the long-term care sector and its implications for healthcare access and costs.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions of the U.S. Census Bureau.
Related Trends
Revenue From Health Care Providers for Patient Care for Offices of Podiatrists, All Establishments, Employer Firms
OOPRFHCPFPC42621391
Employer's Cost for Fringe Benefits for Scientific Research and Development Services, All Establishments, Employer Firms
EXPECFEF5417ALLEST
Total Revenue for Rental and Leasing Services, Establishments Subject to Federal Income Tax
REV532TAXABL144QNSA
Current Sales or Revenues; Diffusion Index for Federal Reserve District 3: Philadelphia
SRBNDIF066MSFRBPHI
Revenue from Households for Engineering Services, Establishments Subject to Federal Income Tax
HHD54133TAXABL144QNSA
Cost of Insurance for Water Transportation, All Establishments, Employer Firms
EXPCOIEF483ALLEST
Citation
U.S. Federal Reserve, Total Revenue for Nursing Care Facilities, All Establishments, Employer Firms (REVEF6231ALLEST), retrieved from FRED.