State Tax Collections: T51 Documentary and Stock Transfer Taxes for Connecticut
QTAXT51QTAXCAT3CTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
-17.33%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures documentary and stock transfer tax collections for the state of Connecticut. It provides insight into economic activity and tax revenue for policymakers and analysts.
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: T51 Documentary and Stock Transfer Taxes for Connecticut trend tracks revenue from taxes levied on the transfer of stocks, bonds, and real estate deeds in the state. It is an important indicator of economic growth, financial transactions, and tax receipts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax agencies.
Historical Context
This trend is closely monitored by state fiscal and economic policymakers to understand tax revenue and broader economic conditions.
Key Facts
- Connecticut collects documentary and stock transfer taxes.
- These taxes generated $193 million in revenue in 2021.
- Tax collections vary with real estate and financial market activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures tax collections from documentary and stock transfer taxes in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into economic activity, financial transactions, and tax revenue in Connecticut, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax agencies.
Q: How is this trend used in economic policy?
A: State policymakers closely monitor this trend to understand tax revenue and broader economic conditions in Connecticut.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be delays in accessing the most recent information.
Related Trends
National Totals of State and Local Tax Revenue: T13 Motor Fuels Sales Tax, 4 Quarters Ending for the United States
QTAXT134QEQTAXCAT1USNO
Total Tax Exemptions Under Age 65 for Oklahoma
LT65EXMOK40A647NCEN
Individual Income Tax Filing: Adjusted Gross Income (AGI)
AGICM
State Tax Collections: T24 Motor Vehicles License for Tennessee
QTAXT24QTAXCAT3TNNO
Age 65 and Over Tax Exemptions for Nebraska
AGEXMNE31A647NCEN
Age 65 and Over, Poverty Tax Exemptions for Oklahoma
PAGEXMOK40A647NCEN
Citation
U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for Connecticut (QTAXT51QTAXCAT3CTNO), retrieved from FRED.