State Tax Collections: T13 Motor Fuels Sales Tax for Missouri
QTAXT13QTAXCAT3MONO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
275.00
Year-over-Year Change
34.80%
Date Range
1/1/1994 - 1/1/2025
Summary
This series measures motor fuels sales tax collections in the state of Missouri. It provides insights into consumer behavior and government tax revenue related to the transportation sector.
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 Missouri metric tracks the total revenue generated from state-level taxes on the sale of motor fuels like gasoline and diesel. This data series is widely used by economists and policymakers to analyze trends in consumer demand, the performance of the transportation industry, and state government budgets.
Methodology
The data is collected by state revenue agencies and reported to the U.S. Census Bureau.
Historical Context
This metric informs discussions around transportation policy, energy markets, and state fiscal conditions.
Key Facts
- Missouri's motor fuels sales tax rate is currently $0.17 per gallon.
- This tax contributed over $1 billion to the state's general fund in the last fiscal year.
- Motor fuels sales tax revenues have grown by 3% annually on average over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total tax revenue collected by the state of Missouri from the sale of motor fuels like gasoline and diesel.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand for transportation, the fiscal health of state governments, and the performance of the energy sector.
Q: How is this data collected or calculated?
A: The data is collected by the Missouri Department of Revenue and reported to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers use this data to inform discussions around transportation infrastructure, energy taxation, and state budget planning.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag. There may be revisions to historical values due to changes in tax policy or reporting.
Related Trends
Individual Income Tax Filing: Exemptions
EXMTSA
Total Tax Exemptions Under Age 65 for Pennsylvania
LT65EXMPA42A647NCEN
Poverty Tax Exemptions Under Age 65 for North Dakota
PLT65EXMND38A647NCEN
State Tax Collections: T10 Alcoholic Beverages Sales Tax for Maine
QTAXT10QTAXCAT3MENO
National Totals of State Tax Revenue: T41 Corporation Net Income Taxes for the United States
QTAXT41QTAXCAT2USNO
State Tax Collections: Total Taxes for Washington
QTAXTOTALQTAXCAT3WANO
Citation
U.S. Federal Reserve, State Tax Collections: T13 Motor Fuels Sales Tax for Missouri (QTAXT13QTAXCAT3MONO), retrieved from FRED.