All Employees: Education and Health Services: Nursing and Residential Care Facilities in Indiana
SMU18000006562300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.90
Year-over-Year Change
2.15%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the nursing and residential care facilities industry in Indiana. It is an important indicator of economic activity and labor market conditions 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: Education and Health Services: Nursing and Residential Care Facilities in Indiana metric tracks the total employment levels at facilities that provide nursing, residential, and other types of care. This data provides insights into the health of Indiana's healthcare industry and labor market.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the strength of the healthcare industry and make informed decisions.
Key Facts
- Indiana has over 1,000 nursing and residential care facilities.
- The healthcare sector is one of the largest employers in the state.
- Employment in this industry has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the nursing and residential care facilities industry in Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of Indiana's healthcare industry and labor market, which is crucial for policymakers and economists.
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 and economists use this metric to assess the strength of the healthcare industry and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Nursing and Residential Care Facilities in Indiana (SMU18000006562300001), retrieved from FRED.