State Tax Collections: T99 Taxes, Not Elsewhere Classified for Arkansas
QTAXT99QTAXCAT3ARNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
5.56%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the quarterly tax collections in Arkansas for the T99 Taxes, Not Elsewhere Classified category. It provides insight into the state's overall tax revenue and economic activity.
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 T99 Taxes, Not Elsewhere Classified category includes various state taxes that do not fit into other defined tax classifications. Monitoring this metric can help economists and policymakers analyze broader trends in Arkansas' fiscal health and economic performance.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
This trend is used by state officials, economists, and market analysts to assess Arkansas' tax revenue and economic conditions.
Key Facts
- Arkansas collects over $10 billion in state taxes annually.
- The T99 category represents around 2% of total state tax revenue.
- Tax collections in this category have increased by 5% over the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax collections in Arkansas for the T99 Taxes, Not Elsewhere Classified category, which includes various state taxes that do not fit into other defined tax classifications.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric can help economists and policymakers analyze broader trends in Arkansas' fiscal health and economic performance.
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: This trend is used by state officials, economists, and market analysts to assess Arkansas' tax revenue and economic conditions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a delay of up to several months before the latest figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Arkansas (QTAXT99QTAXCAT3ARNO), retrieved from FRED.