Total Revenue for Offices of Dentists, Establishments Subject to Federal Income Tax
REV6212TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.20
Year-over-Year Change
-1085.96%
Date Range
4/1/2009 - 7/1/2020
Summary
This economic trend measures the total revenue generated by offices of dentists that are subject to federal income tax. It provides insights into the financial performance and economic activity of the dental industry.
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 offices of dentists, establishments subject to federal income tax, is a key indicator of the overall health and growth of the dental services sector. It reflects the demand for dental services and the financial strength of dental practices that are required to pay federal income taxes.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of dental service providers.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the economic conditions and outlook for the dental services sector.
Key Facts
- Dental services are a significant component of the healthcare industry.
- Dental revenue is closely tied to consumer spending and disposable income.
- The dental industry employs over 1 million people in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by offices of dentists that are subject to federal income tax, providing insights into the financial performance and economic activity of the dental industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the economic conditions and outlook for the dental services sector, which is a significant component of the healthcare industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of dental service providers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to understand the financial health and growth of the dental services sector, which can inform decisions related to healthcare policy, consumer spending, and economic regulation.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Total Revenue for Offices of Dentists, Establishments Subject to Federal Income Tax (REV6212TAXABL157QNSA), retrieved from FRED.