November 2017 Health Sector Economic Indicators Briefs

Economic Indicators | November 09, 2017

Total health spending growth in September was 4.3% higher compared to a year earlier primarily due to slow growth in hospital spending. In addition, health care price growth approached a historic low, rising at a 1.1% annual growth rate compared to a year earlier, its lowest growth since the all-time low of 0.9% in December 2015. Health care job growth also remained modest, with 21,500 new jobs added in October 2017, less than the 2017 monthly average of 25,000.

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