State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for Connecticut
QTAXT19QTAXCAT3CTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342.00
Year-over-Year Change
-56.98%
Date Range
1/1/1994 - 4/1/2025
Summary
This economic trend measures Connecticut's state tax collections for other selective sales and gross receipts taxes, providing insights into the state's tax revenue sources.
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: T19 Other Selective Sales and Gross Receipts Taxes for Connecticut' metric tracks a specific category of state tax revenue in Connecticut, including taxes on activities such as public utilities, insurance premiums, and amusements.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Historical Context
This metric is relevant for policymakers and economists analyzing Connecticut's fiscal health and tax policy decisions.
Key Facts
- Connecticut's other selective sales and gross receipts taxes account for a significant portion of the state's total tax revenue.
- These taxes have seen fluctuations over time, reflecting changes in economic activity and tax policy.
- The data is published quarterly, providing timely insights into Connecticut's fiscal conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures Connecticut's state tax collections for other selective sales and gross receipts taxes, including taxes on public utilities, insurance premiums, and amusements.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers and economists analyzing Connecticut's fiscal health and tax policy decisions, as it provides insights into an important source of state tax revenue.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess Connecticut's fiscal conditions and inform tax policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, providing timely insights into Connecticut's tax revenue sources.
Related Trends
All Employees: Repair and Maintenance in Connecticut
SMU09000008081100001A
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Connecticut
SMU09000004142400001
State Government Tax Collections, Other License Taxes in Connecticut
CTOTHLICTAX
Pandemic Unemployment Assistance Initial Claims in Connecticut
PUAICCT
Average Weekly Hours of All Employees: Construction in Connecticut
SMU09000002000000002A
Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Connecticut
CTRETAILQGSP
Citation
U.S. Census Bureau, State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for Connecticut (QTAXT19QTAXCAT3CTNO), retrieved from FRED.