Gross output of nursing care facilities in the U.S. 1997-2023

Published by Jenny Yang, Sep 26, 2024

The gross output of the nursing and residential care industry increased in the United States from 1997 to 2023. In 1998, revenue from this sector came to around 95 billion U.S. dollars. By 2023, revenue had increased to around 320 billion U.S. dollars.

Gross output of nursing and residential care facilities in the U.S. from 1997 to 2023 (in billion U.S. dollars)

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Source

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Release date

May 2024

Region

United States

Survey time period

1997 to 2023

Supplementary notes

The source adds the following: Gross output is principally a measure of sales or revenue from production for most industries, although it is measured as sales or revenue less cost of goods sold for margin industries like retail and wholesale trade. 

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