All Employees: Health Care: Ambulatory Health Care Services in Rhode Island
SMU44000006562100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.50
Year-over-Year Change
16.60%
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 Rhode Island. It provides insight into the size and growth of this key sector of the state's healthcare system.
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 Rhode Island trend tracks the monthly employment levels in establishments that provide outpatient health services, such as physician offices, outpatient care centers, and medical laboratories. This data is a key indicator of economic activity and labor market conditions in Rhode Island's healthcare industry.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to monitor the health and growth of Rhode Island's healthcare sector, which is a major employer and driver of economic activity in the state.
Key Facts
- Rhode Island's ambulatory healthcare services industry employs over 30,000 workers.
- Employment in this sector has grown by 15% over the past decade.
- Ambulatory healthcare is one of the fastest-growing industries in the Rhode Island economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in ambulatory healthcare services establishments in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size, growth, and economic significance of Rhode Island's healthcare industry, which is a major employer and driver of economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the health and growth of Rhode Island's healthcare sector, which is a crucial part of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Health Care: Ambulatory Health Care Services in Rhode Island (SMU44000006562100001A), retrieved from FRED.