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Quarterly, Seasonally Adjusted

COLLFUNTTMASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,033,597.00

Year-over-Year Change

-15.55%

Date Range

1/1/2007 - 4/1/2025

Summary

The Quarterly, Seasonally Adjusted series measures total state and local government tax revenue on a quarterly basis, providing insights into state and local fiscal conditions.

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 economic series tracks total state and local government tax revenue, a key indicator of fiscal health and policy decisions at the subnational level. It is used by economists, policymakers, and analysts to assess the fiscal position of state and local governments.

Methodology

The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of state and local government entities.

Historical Context

This trend is relevant for understanding the revenue sources and spending capacity of state and local governments, which play a crucial role in providing public services and infrastructure.

Key Facts

  • Quarterly data is available from 1962 to present.
  • Total state and local tax revenue was $1.72 trillion in Q4 2022.
  • Tax revenue is a major source of funding for state and local governments.

FAQs

Q: What does this economic trend measure?

A: This series measures the total tax revenue collected by state and local governments in the United States on a quarterly, seasonally adjusted basis.

Q: Why is this trend relevant for users or analysts?

A: This trend provides important insights into the fiscal health and policy decisions of state and local governments, which are crucial for understanding economic and social conditions at the subnational level.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of state and local government entities.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this trend to assess the revenue sources and spending capacity of state and local governments, which informs decisions on taxation, public services, and infrastructure investment.

Q: Are there update delays or limitations?

A: The data is released quarterly, with a typical delay of 3 months. There may be revisions to previously published data due to changes in reporting or methodologies.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (COLLFUNTTMASTSAQ), retrieved from FRED.