All Employees: Health Care: Ambulatory Health Care Services in Wisconsin
SMU55000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.50
Year-over-Year Change
19.46%
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 Wisconsin. It is an important indicator of the state's healthcare 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: Ambulatory Health Care Services in Wisconsin indicator tracks employment levels in outpatient healthcare facilities such as physician offices, dental practices, and diagnostic laboratories. It provides insights into the size and growth of this key healthcare sector within the state.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, healthcare organizations, and economic analysts to assess the strength of Wisconsin's healthcare industry and labor market.
Key Facts
- Wisconsin has over 250,000 healthcare workers.
- Ambulatory care accounts for nearly half of the state's healthcare jobs.
- The sector has seen steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the ambulatory healthcare services industry in Wisconsin, including physician offices, dental practices, and diagnostic laboratories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the size and health of Wisconsin's healthcare workforce, which is a critical component of the state's economy and a key focus area for policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, healthcare organizations, and economic analysts closely monitor this indicator to assess the strength of Wisconsin's healthcare industry and labor market, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is subject to typical publication lags from the Bureau of Labor Statistics, but otherwise provides a comprehensive and timely measure of employment in Wisconsin's ambulatory healthcare sector.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Wisconsin (SMU55000006562100001A), retrieved from FRED.