All Employees: Health Care: Ambulatory Health Care Services in Arkansas
SMU05000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.60
Year-over-Year Change
42.02%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the ambulatory health care services industry in Arkansas. It provides insight into the state's healthcare workforce and economic activity in this 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 All Employees: Health Care: Ambulatory Health Care Services in Arkansas data series measures the total nonfarm employment in establishments that provide outpatient health care services, such as physician offices, outpatient care centers, and home health services. This data is used to analyze trends in the state's healthcare industry and labor market.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and healthcare industry analysts to assess the economic conditions and labor market dynamics in Arkansas's ambulatory healthcare sector.
Key Facts
- Arkansas's ambulatory healthcare services employed over 80,000 workers as of 2022.
- Employment in this sector has grown by over 20% in the past decade.
- Outpatient care is a key component of Arkansas's diverse healthcare industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm employees in the ambulatory healthcare services industry in Arkansas, including physician offices, outpatient care centers, and home health services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the size and dynamics of Arkansas's healthcare workforce, which is an important driver of the state's economy. It helps analysts and policymakers assess labor market conditions and economic activity in the ambulatory care sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and healthcare industry analysts to monitor the economic performance and labor market conditions in Arkansas's ambulatory care sector, which informs policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be revisions to previously reported figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Arkansas (SMU05000006562100001A), retrieved from FRED.