All Employees: Health Care: Hospitals in Indiana
SMU18000006562200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.70
Year-over-Year Change
10.47%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the hospital industry in Indiana. It provides valuable insights into the state's healthcare sector and workforce dynamics.
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 Indiana data series tracks the total employment levels in the hospital industry across the state. This metric is closely monitored by economists and policymakers to understand the healthcare workforce and its contribution to the overall state economy.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic and healthcare policy decisions at the state level.
Key Facts
- Indiana has over 100 hospitals statewide.
- The hospital industry is a major employer in the state.
- Employment in Indiana hospitals has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the hospital industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the healthcare workforce and its contribution to Indiana's economy, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform healthcare and economic policies at the state level, as the hospital industry is a major employer and economic driver in Indiana.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the reference period.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Hospitals in Indiana (SMU18000006562200001A), retrieved from FRED.