December 2018 Health Sector Economic Indicators Briefs

Economic Indicators | December 14, 2018

These monthly briefs analyze the most recent data available on health sector employment, spending, prices, and utilization—helping to fill gaps in the official government data.

Below are highlights from this month's report:

  • Revised data released by CMS shows a downward revision to the previous national health spending growth estimate for 2017—from 4.7% to 3.9%.
  • Health care added 32,100 new jobs in November 2018, above the 12-month average of 27,400.
  • Health care prices in November 2018 rose 1.5% above November 2017, up from the unexpectedly low 1.3% annual rate in October.

These monthly briefs analyze the most recent data available on health sector employment, spending, prices, and utilization—helping to fill gaps in the official government data.

Below are highlights from this month's report:

  • Revised data released by CMS shows a downward revision to the previous national health spending growth estimate for 2017—from 4.7% to 3.9%.
  • Health care added 32,100 new jobs in November 2018, above the 12-month average of 27,400.
  • Health care prices in November 2018 rose 1.5% above November 2017, up from the unexpectedly low 1.3% annual rate in October.
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