State Tax Collections: Total Taxes for Oregon
QTAXTOTALQTAXCAT3ORNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,293.00
Year-over-Year Change
28.23%
Date Range
1/1/1994 - 1/1/2025
Summary
This trend measures total tax collections in the state of Oregon, providing insights into the state's fiscal health and tax policy.
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: Total Taxes for Oregon metric tracks the total amount of taxes collected by the state government, including personal income taxes, sales taxes, corporate taxes, and other revenue sources. This data is used by economists, policymakers, and analysts to assess Oregon's economic performance and tax burden.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government finances.
Historical Context
This trend is relevant for understanding Oregon's fiscal policy and economic conditions, which can inform decision-making at the state and federal levels.
Key Facts
- Oregon's total tax collections were $20.3 billion in 2021.
- Personal income taxes account for the largest share of Oregon's tax revenue.
- Tax collections in Oregon have grown by an average of 4.2% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: The State Tax Collections: Total Taxes for Oregon metric tracks the total amount of taxes collected by the state government, including personal income taxes, sales taxes, corporate taxes, and other revenue sources.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists, policymakers, and analysts to assess Oregon's economic performance and tax burden, which can inform decision-making at the state and federal levels.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of state government finances.
Q: How is this trend used in economic policy?
A: This trend provides insights into Oregon's fiscal health and tax policy, which can inform decisions about government spending, tax rates, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a relatively short delay, but there may be some limitations in capturing the full scope of Oregon's tax collections.
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Citation
U.S. Federal Reserve, State Tax Collections: Total Taxes for Oregon (QTAXTOTALQTAXCAT3ORNO), retrieved from FRED.