All Employees: Health Care: Hospitals in the District of Columbia
SMU11000006562200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.20
Year-over-Year Change
-6.09%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the hospital industry in the District of Columbia. It provides important insights into the healthcare sector's workforce 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: Health Care: Hospitals in the District of Columbia metric tracks the total number of individuals employed in the hospital industry within the Washington, D.C. metropolitan area. This data point is a key indicator of economic and labor market conditions in the local 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 healthcare industry analysts to assess the strength and stability of the Washington, D.C. regional economy.
Key Facts
- Hospitals are the largest healthcare employer in Washington, D.C.
- Employment in D.C. hospitals has grown steadily over the past decade.
- The hospital industry is a key driver of economic activity in the nation's capital.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the hospital industry within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insights into the strength and stability of the healthcare sector in the Washington, D.C. regional 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: Policymakers, economists, and industry analysts use this trend to assess the health and growth of the healthcare industry in the nation's capital.
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: Health Care: Hospitals in the District of Columbia (SMU11000006562200001A), retrieved from FRED.