All Employees: Health Care: Ambulatory Health Care Services in Arizona
SMU04000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
213.30
Year-over-Year Change
53.23%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the ambulatory health care services industry in Arizona. It provides insights into the health care sector's employment and economic activity in the state.
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 All Employees: Health Care: Ambulatory Health Care Services in Arizona trend tracks the monthly employment levels in the ambulatory health care services industry, which includes medical offices, outpatient care centers, and other facilities that provide outpatient services. This metric is used to monitor the health of Arizona's health care sector and its contribution to the state's overall economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and industry analysts to understand the dynamics of Arizona's health care labor market and its implications for the broader economy.
Key Facts
- Arizona's ambulatory health care services industry employed over 180,000 workers as of the latest data.
- The sector has experienced steady job growth in recent years, reflecting the state's expanding health care needs.
- Ambulatory health care services account for a significant portion of Arizona's overall health care and social assistance employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the ambulatory health care services industry in the state of Arizona, including medical offices, outpatient care centers, and other facilities that provide outpatient services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and economic activity of Arizona's health care sector, which is a crucial component of the state's overall economy. It is relevant for policymakers, economists, and industry analysts to monitor employment trends in this industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to understand the dynamics of Arizona's health care labor market and its implications for the broader state economy. It can inform policy decisions and investment strategies related to the health care sector.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags and revisions by the U.S. Bureau of Labor Statistics, but it provides a reliable and timely indicator of employment trends in Arizona's ambulatory health care services industry.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Arizona (SMU04000006562100001A), retrieved from FRED.