Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in the Southeast BEA Region
SESTAMBHCQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.04
Year-over-Year Change
65.46%
Date Range
1/1/1997 - 1/1/2023
Summary
The Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in the Southeast BEA Region measures the real output of the ambulatory health care services industry in the Southeast region of the United States. This trend is a key indicator of economic activity and productivity in the 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
This index tracks the volume of real (inflation-adjusted) output produced by ambulatory health care providers in the Southeast region. It is used by economists and policymakers to assess the growth and performance of the regional healthcare industry.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using detailed industry-level GDP information.
Historical Context
This trend provides insight into the healthcare services market and can inform policy decisions regarding the regional healthcare system.
Key Facts
- The index is based on 2012 reference year data.
- The Southeast BEA region includes Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
- Ambulatory health care services include physician offices, outpatient care centers, and home health services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output, or volume of production, of the ambulatory health care services industry in the Southeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the growth and performance of the regional healthcare sector, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using detailed industry-level GDP information.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions regarding the regional healthcare system and market conditions for ambulatory health care services.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in the Southeast BEA Region (SESTAMBHCQGSP), retrieved from FRED.