State Tax Collections: T09 General Sales and Gross Receipts Taxes for Colorado

QTAXT09QTAXCAT3CONO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,148.00

Year-over-Year Change

9.44%

Date Range

1/1/1994 - 1/1/2025

Summary

This data series tracks quarterly state tax collections from general sales and gross receipts taxes in Colorado. It provides insight into consumer spending and economic activity in the state.

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 Tax Collections: T09 General Sales and Gross Receipts Taxes for Colorado series measures the total state tax revenue generated from sales and gross receipts taxes in Colorado. This data is used by economists and policymakers to monitor consumer spending trends and assess the broader economic health of the state.

Methodology

The data is collected and published quarterly by the U.S. Census Bureau.

Historical Context

This economic indicator is relevant for understanding fiscal policy, consumer behavior, and state-level economic conditions.

Key Facts

  • Colorado relies on sales and gross receipts taxes for over a third of its state tax revenue.
  • General sales tax collections account for the largest share of Colorado's state tax receipts.
  • Tracking changes in sales tax revenue provides insight into consumer spending and economic activity in the state.

FAQs

Q: What does this economic trend measure?

A: This data series tracks quarterly state tax collections from general sales and gross receipts taxes in Colorado. It provides insight into consumer spending and economic activity in the state.

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

A: This economic indicator is relevant for understanding fiscal policy, consumer behavior, and state-level economic conditions.

Q: How is this data collected or calculated?

A: The data is collected and published quarterly by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to monitor consumer spending trends and assess the broader economic health of Colorado.

Q: Are there update delays or limitations?

A: The data is published on a quarterly basis, so there may be a delay of several months before the latest figures are available.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T09 General Sales and Gross Receipts Taxes for Colorado (QTAXT09QTAXCAT3CONO), retrieved from FRED.