All Employees: Education and Health Services: Hospitals in Arizona
SMU04000006562200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.91
Year-over-Year Change
3.75%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the hospital industry in Arizona, which is an important indicator of the state's healthcare sector and economic activity.
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: Education and Health Services: Hospitals in Arizona series tracks the total number of people employed by hospitals in the state, providing insight into the size and strength of the healthcare industry. This data is used by economists and policymakers to assess economic conditions and healthcare workforce trends.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the broader economic landscape in Arizona and informing healthcare and labor market policies.
Key Facts
- Arizona's hospital employment has grown by over 15% since 2015.
- Hospitals account for nearly 20% of all healthcare jobs in the state.
- The hospital industry is one of the largest private employers in Arizona.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed by hospitals in the state of Arizona, providing insight into the size and strength of the healthcare industry.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the broader economic landscape in Arizona and informing healthcare and labor market policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the healthcare workforce and broader economic conditions in Arizona.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in Arizona (SMU04000006562200001SA), retrieved from FRED.