Total Revenue for Psychiatric and Substance Abuse Hospitals, Establishments Subject to Federal Income Tax
REV6222TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,172.00
Year-over-Year Change
33.28%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic indicator measures the total revenue for psychiatric and substance abuse hospitals that are subject to federal income tax. It provides insight into the financial health and market activity of this specialized 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 total revenue for psychiatric and substance abuse hospitals subject to federal income tax represents the overall sales and operating income generated by these establishments. This metric is used by economists and policymakers to analyze trends in the behavioral healthcare industry and its contribution to the broader economy.
Methodology
The data is collected through quarterly surveys of establishments by the U.S. Census Bureau.
Historical Context
This revenue statistic informs policy decisions and investment strategies related to the mental health and addiction treatment sectors.
Key Facts
- Quarterly data series started in 2004.
- Revenue peaked at $12.5 billion in Q4 2021.
- Hospitals subject to federal income tax account for a majority of the industry's total revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total revenue generated by psychiatric and substance abuse hospitals that are subject to federal income tax. It provides insight into the financial health and activity of this specialized healthcare sector.
Q: Why is this trend relevant for users or analysts?
A: This revenue statistic is important for understanding the economic performance and market conditions of the behavioral healthcare industry, which informs policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This revenue indicator is used by economists and policymakers to analyze trends in the mental health and addiction treatment sectors, and to inform decisions related to healthcare funding, regulations, and market dynamics.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several months from the end of the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Psychiatric and Substance Abuse Hospitals, Establishments Subject to Federal Income Tax (REV6222TAXABL144QNSA), retrieved from FRED.