State Tax Collections: T13 Motor Fuels Sales Tax for California
QTAXT13QTAXCAT3CANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,210.00
Year-over-Year Change
12.07%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures motor fuels sales tax collections in the state of California. It provides important insights into consumer spending and energy demand within 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: T13 Motor Fuels Sales Tax for California tracks the monthly sales tax revenue generated from the sale of motor fuels like gasoline and diesel in California. This metric offers analysts a window into consumer behavior and the health of the state's transportation and energy sectors.
Methodology
The data is collected and published by the U.S. Census Bureau through a survey of state tax authorities.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to understand the economic and fiscal conditions within California.
Key Facts
- California is the most populous U.S. state.
- Motor fuels account for a significant portion of state tax revenue.
- Trends in this metric can signal shifts in transportation and energy demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly sales tax revenue generated from the sale of motor fuels like gasoline and diesel in the state of California.
Q: Why is this trend relevant for users or analysts?
A: This metric offers important insights into consumer spending, transportation demand, and the overall health of California's energy and fiscal sectors.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through a survey of state tax authorities.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to understand economic and fiscal conditions within California.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 2-3 months.
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Citation
U.S. Census Bureau, State Tax Collections: T13 Motor Fuels Sales Tax for California (QTAXT13QTAXCAT3CANO), retrieved from FRED.