State Tax Collections: T51 Documentary and Stock Transfer Taxes for Florida
QTAXT51QTAXCAT3FLNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
964.00
Year-over-Year Change
-37.03%
Date Range
1/1/1994 - 1/1/2025
Summary
This series measures documentary and stock transfer taxes collected by the state of Florida. It provides insight into economic activity and tax revenue in 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: T51 Documentary and Stock Transfer Taxes for Florida metric tracks revenue from two specific state tax categories. This data point is used by economists and policymakers to analyze trends in economic transactions and state fiscal conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This metric informs analysis of Florida's tax base and economic conditions.
Key Facts
- Florida relies heavily on documentary and stock transfer taxes.
- These taxes reflect real estate and financial market activity.
- Trends in this data can signal changes in the state's economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the revenue collected by the state of Florida from documentary and stock transfer taxes, which are levied on certain real estate and financial transactions.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into economic activity and tax revenue in Florida, which is useful for economists, policymakers, and analysts studying the state's fiscal and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform analysis of Florida's tax base and economic conditions, which is relevant for state fiscal and economic policymaking.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and potential revisions of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for Florida (QTAXT51QTAXCAT3FLNO), retrieved from FRED.