Total Revenue for Residential Mental Health and Substance Abuse Facilities, All Establishments, Employer Firms
This dataset tracks total revenue for residential mental health and substance abuse facilities, all establishments, employer firms over time.
Latest Value
24321.00
Year-over-Year Change
126.79%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by residential mental health and substance abuse facilities in the United States, including all employer firms. It provides insight into the financial health and activity within this crucial 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 Residential Mental Health and Substance Abuse Facilities, All Establishments, Employer Firms data series tracks the aggregate revenue earned by these facilities, which are a critical component of the U.S. healthcare system. This metric is used by policymakers, economists, and industry analysts to assess the scale and dynamics of this market.
Methodology
The data is collected through surveys of employer firms operating residential mental health and substance abuse facilities.
Historical Context
This economic trend is relevant for understanding healthcare policy, market conditions, and investment decisions related to the mental health and addiction treatment industries.
Key Facts
- The mental health and substance abuse treatment sector is a multi-billion dollar industry in the U.S.
- Residential facilities account for a significant portion of total revenue in this healthcare segment.
- Revenue trends in this industry can indicate changes in demand, pricing, and access to mental health services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by residential mental health and substance abuse facilities in the United States, including all employer firms in this sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and activity within the critical mental health and addiction treatment industries, which is valuable information for policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms operating residential mental health and substance abuse facilities.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding healthcare policy, market conditions, and investment decisions related to the mental health and addiction treatment industries.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in coverage or reporting by surveyed facilities.
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Citation
U.S. Federal Reserve, Total Revenue for Residential Mental Health and Substance Abuse Facilities, All Establishments, Employer Firms (REVEF62322ALLEST), retrieved from FRED.