All Employees: Health Care: Ambulatory Health Care Services in Colorado
SMU08000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.10
Year-over-Year Change
51.15%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the ambulatory health care services industry in Colorado. It provides important insights into the size and dynamics of the state's 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
The All Employees: Health Care: Ambulatory Health Care Services in Colorado metric tracks the employment levels in outpatient healthcare facilities such as doctor's offices, medical centers, and diagnostic laboratories across the state. This data is used by economists and policymakers to assess the healthcare industry's contribution to the overall economy.
Methodology
The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding the healthcare labor market and informing policy decisions related to the industry.
Key Facts
- Colorado's ambulatory healthcare services industry employs over 200,000 people.
- Employment in this sector has grown by 20% over the past decade.
- Ambulatory healthcare is a major contributor to the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the ambulatory health care services industry in Colorado, including outpatient facilities such as doctor's offices and medical centers.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and dynamics of Colorado's healthcare sector, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the healthcare industry's contribution to the overall economy and inform policy decisions related to the sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Colorado (SMU08000006562100001A), retrieved from FRED.