All Employees: Health Care: Ambulatory Health Care Services in the District of Columbia
SMU11000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.30
Year-over-Year Change
32.68%
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 District of Columbia. It provides insight into the size and growth of this important sector of the local economy.
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 the District of Columbia data series tracks the monthly employment levels in this critical healthcare industry. It is widely used by economists, policymakers, and industry analysts to assess economic conditions and workforce trends.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is a key indicator for monitoring the economic health and labor market dynamics of the District of Columbia's healthcare industry.
Key Facts
- Ambulatory healthcare services include physician offices, outpatient care centers, and home healthcare services.
- The District of Columbia has a large and growing healthcare sector, comprising over 7% of total employment.
- Employment in DC's ambulatory healthcare industry has risen steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees working in the ambulatory healthcare services industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: The ambulatory healthcare employment metric provides important insights into the size, growth, and labor market dynamics of a key sector of the DC economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment series is closely monitored by economists, policymakers, and industry analysts to assess the health and labor market conditions of the District of Columbia's healthcare industry.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period. There are no significant limitations to the coverage or reliability of this series.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in the District of Columbia (SMU11000006562100001A), retrieved from FRED.