State and local government current tax receipts: Taxes on production and imports: Other
W073RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.07
Year-over-Year Change
-0.64%
Date Range
1/1/1958 - 4/1/2025
Summary
This economic trend measures state and local government tax receipts from taxes on production and imports, excluding sales and excise taxes. It provides insights into a key revenue source for state and local 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 'State and local government current tax receipts: Taxes on production and imports: Other' series represents a component of state and local government tax revenues. It tracks taxes levied on the production, sale, or use of goods and services, excluding sales and excise taxes, which are reported separately.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is used by economists and policymakers to analyze the fiscal health and revenue sources of state and local governments.
Key Facts
- This trend excludes sales and excise taxes, which are reported separately.
- State and local governments rely on these 'other' production and import taxes as a key revenue source.
- The data is part of the National Income and Product Accounts compiled by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures state and local government tax receipts from taxes on production and imports, excluding sales and excise taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into a key revenue source for state and local governments, which can inform fiscal policy and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the fiscal health and revenue sources of state and local governments.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and revisions of the National Income and Product Accounts.
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Citation
U.S. Federal Reserve, State and local government current tax receipts: Taxes on production and imports: Other (W073RC1Q027SBEA), retrieved from FRED.