Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Nebraska
NEAMBHCQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.84
Year-over-Year Change
70.44%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Nebraska measures the real output of the ambulatory health care services industry in the state. This metric is important for economists and policymakers to assess the health of Nebraska's healthcare sector and its contribution to overall 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
This index tracks the real, inflation-adjusted output of ambulatory health care services, which includes businesses like doctors' offices, outpatient care centers, and medical laboratories. It provides insight into the productivity and growth of this critical industry within the Nebraska economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using quantity indexes and GDP deflators.
Historical Context
This metric is used by policymakers, researchers, and industry analysts to monitor trends in healthcare service provision and its economic impact.
Key Facts
- The index is based on 2012 as the reference year (2012=100).
- In 2021, the index stood at 117.78, indicating 17.78% growth since 2012.
- Ambulatory healthcare is a major industry in Nebraska, accounting for over 4% of the state's GDP.
FAQs
Q: What does this economic trend measure?
A: This index measures the real, inflation-adjusted output of the ambulatory healthcare services industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and growth of the healthcare sector, which is a critical component of Nebraska's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using quantity indexes and GDP deflators.
Q: How is this trend used in economic policy?
A: This index is used by policymakers, researchers, and industry analysts to monitor trends in healthcare service provision and its economic impact in Nebraska.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Nebraska (NEAMBHCQGSP), retrieved from FRED.