All Employees: Health Care: Hospitals in Maryland
SMU24000006562200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.10
Year-over-Year Change
3.71%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Health Care: Hospitals in Maryland' trend measures the total number of people employed in the hospital sector within the state of Maryland. This data provides insight into the health of the healthcare industry and labor market in the region.
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 series tracks the total number of employees working in hospitals across Maryland, an important indicator of the healthcare sector's economic activity and workforce trends in the state. Economists and policymakers analyze this data to understand the size and dynamics of the healthcare industry, which is a major employer and driver of economic growth.
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 analyzing the healthcare labor market and informing economic and healthcare policy decisions in Maryland.
Key Facts
- Maryland has over 60 hospitals across the state.
- The healthcare sector is one of the largest employers in Maryland.
- Hospitals account for a significant portion of healthcare jobs in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the hospital sector within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health of the healthcare industry and labor market in Maryland, which is important for economic and policy analysis.
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 relevant for analyzing the healthcare labor market and informing economic and healthcare policy decisions in Maryland.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Hospitals in Maryland (SMU24000006562200001A), retrieved from FRED.