National Totals of State and Local Tax Revenue: T41 Corporation Net Income Taxes, 4 Quarters Ending for the United States
Seasonally Adjusted
QTAXT414QEQTAXCAT1USYES • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177,278.00
Year-over-Year Change
30.35%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Seasonally Adjusted' economic trend measures the change in total tax collections in the United States, adjusted to account for seasonal variations. This key indicator provides insights into the overall health and stability of the U.S. economy.
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
This seasonally adjusted tax collection metric represents total federal, state, and local tax receipts, excluding social insurance contributions. It is a broad measure of government fiscal activity and an important input for macroeconomic analysis and policymaking.
Methodology
The data is collected and adjusted for seasonal factors by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to gauge the strength of consumer spending, business activity, and government revenues.
Key Facts
- Tax collections account for over 30% of U.S. GDP.
- Seasonal adjustments remove predictable changes like holidays and weather.
- This metric has been tracked by the Federal Reserve since the 1950s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax collections in the United States, adjusted to remove predictable seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This broad indicator of government fiscal activity provides insights into consumer spending, business performance, and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the economy and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
Related Trends
State Tax Collections: T51 Documentary and Stock Transfer Taxes for Idaho
QTAXT51QTAXCAT3IDNO
Median Adjusted Gross Income for Tennessee
MEDAGITN47A052NCEN
State Tax Collections: T53 Severance Taxes for Connecticut
QTAXT53QTAXCAT3CTNO
Median Adjusted Gross Income for Indiana
MEDAGIIN18A052NCEN
State Tax Collections: T25 Motor Vehicle Operators License for Vermont
QTAXT25QTAXCAT3VTNO
Total Tax Exemptions for Colorado
TOTEXMCO8A647NCEN
Citation
U.S. Federal Reserve, Seasonally Adjusted (QTAXT414QEQTAXCAT1USYES), retrieved from FRED.