All Employees: Health Care: Hospitals in North Carolina
SMU37000006562200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.60
Year-over-Year Change
34.88%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the hospital industry in North Carolina. It is an important indicator of the health and stability 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: Hospitals in North Carolina series tracks the total number of individuals employed by hospitals in the state. This data point is used by economists, policymakers, and industry analysts to gauge the size and growth of the healthcare workforce.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in hospital employment provide insight into the broader economic conditions and healthcare infrastructure of North Carolina.
Key Facts
- North Carolina has over 130,000 hospital employees.
- Hospital employment has grown by 15% in the past decade.
- The healthcare sector accounts for over 10% of North Carolina's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed by hospitals in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Trends in hospital employment provide important insights into the health and stability of North Carolina's healthcare sector and broader economic conditions.
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: Policymakers and economists use this data to assess the healthcare infrastructure and workforce in North Carolina, which informs decisions on healthcare policy and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
Transportation and Warehousing Wages and Salaries in North Carolina
NCWTRA
State Government Tax Collections, Alcoholic Beverages Licenses in North Carolina
NCALCLICTAX
Real Gross Domestic Product: Data Processing, Hosting, and Other Information Services (518-519) in North Carolina
NCDATAWWWRGSP
Implicit Regional Price Deflator: Metropolitan Portion for North Carolina
NCMPIRPD
All Employees: Manufacturing in North Carolina
NCMFGN
State Government Tax Collections, Motor Vehicle Licenses in North Carolina
NCMOTOLICTAX
Citation
U.S. Federal Reserve, All Employees: Health Care: Hospitals in North Carolina (SMU37000006562200001A), retrieved from FRED.