All Employees: Health Care: Ambulatory Health Care Services in Puerto Rico
SMU72000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.00
Year-over-Year Change
36.09%
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 Puerto Rico. It provides insight into the size and growth of this crucial healthcare sector within the Puerto Rican economy.
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 Puerto Rico data series tracks the total employment levels for establishments providing outpatient health services, such as physician offices, medical and diagnostic laboratories, and home health services. This metric is used by economists and policymakers to monitor the health and development of Puerto Rico's healthcare infrastructure.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in ambulatory healthcare employment are closely watched as an indicator of Puerto Rico's overall economic and public health conditions.
Key Facts
- Ambulatory healthcare is a major industry in Puerto Rico, accounting for over 80,000 jobs.
- Employment in this sector has grown by over 10% in the past decade.
- Ambulatory services make up nearly 30% of Puerto Rico's total healthcare workforce.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees working in the ambulatory healthcare services industry in Puerto Rico, including physician offices, medical labs, and home health providers.
Q: Why is this trend relevant for users or analysts?
A: Trends in ambulatory healthcare employment are an important indicator of the size, growth, and overall health of Puerto Rico's healthcare infrastructure, which is a critical component of the island's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this data to assess the state of Puerto Rico's healthcare sector and its broader economic conditions, which can inform policy decisions related to healthcare, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Puerto Rico (SMU72000006562100001A), retrieved from FRED.