All Employees: Health Care: Ambulatory Health Care Services in Connecticut

SMU09000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

98.30

Year-over-Year Change

18.72%

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 the state of Connecticut. It provides insights into the labor market and economic activity in the 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 All Employees: Health Care: Ambulatory Health Care Services in Connecticut trend tracks the total number of individuals employed in the ambulatory healthcare services industry, which includes establishments such as physician offices, outpatient care centers, and home health care services. This data is an important indicator of economic conditions and labor market dynamics in the healthcare sector.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is closely monitored by policymakers, economists, and industry analysts to understand the health of the healthcare industry and its impact on the broader economy.

Key Facts

  • Connecticut's ambulatory healthcare services industry employs over 170,000 workers.
  • The sector has experienced steady job growth over the past decade.
  • Ambulatory healthcare is a key driver of the state's economy.

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 Connecticut, which includes establishments such as physician offices, outpatient care centers, and home health care services.

Q: Why is this trend relevant for users or analysts?

A: This trend provides important insights into the labor market and economic activity in the healthcare sector, which is a critical industry for the Connecticut economy.

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 closely monitored by policymakers, economists, and industry analysts to understand the health of the healthcare industry and its impact on the broader Connecticut economy.

Q: Are there update delays or limitations?

A: The data is published monthly by the U.S. Federal Reserve, with some potential for minor delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Connecticut (SMU09000006562100001A), retrieved from FRED.