Total Revenue for Nursing and Residential Care Facilities, Establishments Exempt from Federal Income Tax
REV623TAXEPT144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,746.00
Year-over-Year Change
21.90%
Date Range
10/1/2004 - 1/1/2025
Summary
This economic trend measures the total revenue for nursing and residential care facilities that are exempt from federal income tax. It provides insights into the financial health and performance of a key sector serving vulnerable populations.
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 Nursing and Residential Care Facilities, Establishments Exempt from Federal Income Tax metric tracks the aggregate quarterly revenue generated by tax-exempt facilities in this industry. This data helps economists and policymakers assess the financial viability and market dynamics of the long-term care sector.
Methodology
The data is collected through surveys of establishments by the U.S. Census Bureau.
Historical Context
This metric is used to monitor trends in the nursing and residential care industry, which is an important component of the healthcare system and a key focus area for economic and social policy.
Key Facts
- This data covers facilities that are exempt from federal income tax.
- The nursing and residential care industry employs over 4 million people in the U.S.
- Revenue trends in this sector can indicate changes in demand for long-term care services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by nursing and residential care facilities that are exempt from federal income tax. It provides insights into the financial performance of this key healthcare sector.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for economists, policymakers, and industry analysts who monitor the financial health and market dynamics of the long-term care sector, which plays a vital role in the healthcare system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used to track trends in the nursing and residential care industry, which is an important focus area for economic and social policy related to healthcare, aging populations, and the provision of long-term care services.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several months. Users should be aware of this update schedule when analyzing the most recent trends.
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Citation
U.S. Federal Reserve, Total Revenue for Nursing and Residential Care Facilities, Establishments Exempt from Federal Income Tax (REV623TAXEPT144QNSA), retrieved from FRED.