All Employees: Education and Health Services: Hospitals in North Carolina
SMU37000006562200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.73
Year-over-Year Change
4.91%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the education and health services sector, specifically in the hospital industry, within the state of North Carolina. It provides important insights into the labor market and economic activity in this key 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: Hospitals in North Carolina series tracks the total number of workers employed in the hospital industry, which is a crucial component of the healthcare system and a significant driver of economic activity in the state.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and households.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the health and growth of the healthcare sector in North Carolina.
Key Facts
- North Carolina is home to over 100 hospitals.
- The healthcare sector accounts for nearly 15% of the state's GDP.
- Hospital employment has grown by 20% in North Carolina over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the hospital industry within the education and health services sector in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of the healthcare sector, which is a crucial driver of economic activity and employment in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this trend to assess the state of the healthcare sector and inform policy decisions related to healthcare infrastructure, workforce, and economic development in North Carolina.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a slight delay to allow for data collection and processing.
Related Trends
Gross Domestic Product: Wholesale Trade (42) in North Carolina
NCWHOLENGSP
All Employees: Education and Health Services: Private Education and Health Services in North Carolina
NCEDUHN
Mining Earnings in North Carolina
NCEMIN
Real Personal Income: Nonmetropolitan Portion for North Carolina
NCNMPRPI
All Employees: Manufacturing: Durable Goods in North Carolina
SMS37000003100000001
Labor Force Participation Rate for North Carolina
LBSSA37
Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Hospitals in North Carolina (SMU37000006562200001SA), retrieved from FRED.