State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for Montana
QTAXT19QTAXCAT3MTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
75.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures other selective sales and gross receipts taxes collected by the state of Montana. These taxes are an important revenue source for state governments.
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 'Other Selective Sales and Gross Receipts Taxes' category includes a variety of state-level taxes on specific goods, services, or transactions. This data provides insight into a key component of Montana's tax collections and fiscal health.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to assess Montana's fiscal position and evaluate changes in the state's tax policies.
Key Facts
- Montana collected $159 million in other selective sales taxes in 2022 Q4.
- These taxes account for over 10% of Montana's total state tax revenue.
- The state's other selective sales tax collections have grown by 8% annually since 2017.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax collections from other selective sales and gross receipts taxes in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into Montana's fiscal health and tax policy, which is relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess Montana's fiscal position and evaluate changes in the state's tax policies.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical 3-month delay from the end of the reporting period.
Related Trends
Gross Domestic Product: Ambulatory Health Care Services (621) in Montana
MTAMBHCNGSP
Real Gross Domestic Product: Computer Systems Design and Related Services (5415) in Montana
MTCPUSYSDSGNRGSP
All Employees: Federal Government in Montana
SMU30000009091000001A
Industrial Carbon Dioxide Emissions, LPG (Fuel Use) for Montana
EMISSCO2VHLICBMTA
Gross Domestic Product: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Montana
MTMISCPRONGSP
Transportation Carbon Dioxide Emissions, Coal for Montana
EMISSCO2TOTVTCCOMTA
Citation
U.S. Federal Reserve, State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for Montana (QTAXT19QTAXCAT3MTNO), retrieved from FRED.