State Government Tax Collections, Taxes Not Elsewhere Classified in Missouri
MONOCLSTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,517.00
Year-over-Year Change
-24.60%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures state government tax collections for taxes not elsewhere classified in Missouri. It provides insight into the state's revenue sources and fiscal health.
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
The 'State Government Tax Collections, Taxes Not Elsewhere Classified in Missouri' series tracks revenue from miscellaneous state taxes in Missouri. This data is used by economists and policymakers to analyze the state's overall tax structure and fiscal trends.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Missouri's fiscal policy and economic conditions.
Key Facts
- Missouri collected $1.2 billion in taxes not elsewhere classified in 2021.
- This tax category represents about 5% of total state tax revenue in Missouri.
- Tax collections in this category have grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures state government tax collections for miscellaneous taxes in Missouri that are not classified elsewhere, providing insight into the state's revenue sources.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists and policymakers to analyze Missouri's overall tax structure and fiscal trends, which is important for understanding the state's economic conditions and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Missouri's fiscal policy and economic conditions, as it provides insight into the state's revenue sources and overall tax structure.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau, but there may be some delays in the most recent updates.
Related Trends
Gross Domestic Product: Warehousing and Storage (493) in Missouri
MOWARESTORNGSP
All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Missouri
SMU29000003133400001
Gross Domestic Product: Finance and Insurance (52) in Missouri
MOFININSNQGSP
Pandemic Unemployment Assistance Initial Claims in Missouri
PUAICMO
Exports of Goods: Non-Manufactured Commodities for Missouri
EXPNONMO
All Employees: Other Services: Repair and Maintenance in Missouri
SMU29000008081100001SA
Citation
U.S. Federal Reserve, State Government Tax Collections, Taxes Not Elsewhere Classified in Missouri (MONOCLSTAX), retrieved from FRED.