Conference Board's Committee for Economic Development: Report - Post-COVID-19, Child Care Industry Revenue Up, In Part, by Federal Funds Infusion
July 11, 2024
July 11, 2024
ARLINGTON, Virginia, July 11 (TNSres) -- The Conference Board's Committee for Economic Development issued the following news release:
In the face of a rapid and outsized decline in revenue triggered by the pandemic, the US child care sector demonstrated strong perseverance against significant challenges. Revenue for the industry reached $68.5 billion in 2022, of which 86% represented revenue from center-based care. However, the economic impact varies greatly within and across states . . .
In the face of a rapid and outsized decline in revenue triggered by the pandemic, the US child care sector demonstrated strong perseverance against significant challenges. Revenue for the industry reached $68.5 billion in 2022, of which 86% represented revenue from center-based care. However, the economic impact varies greatly within and across states . . .