All Sectors; Taxes on Production and Imports Less Subsidies, Payable (IMA), Transactions
ASTPISQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,933,332.00
Year-over-Year Change
16.40%
Date Range
10/1/1946 - 1/1/2025
Summary
This economic indicator measures taxes on production and imports less subsidies, a component of U.S. gross domestic product (GDP). It provides insight into government revenue and fiscal 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 'All Sectors; Taxes on Production and Imports Less Subsidies, Payable (IMA), Transactions' series represents a key element of GDP that tracks the net impact of taxes and subsidies on economic activity. This metric is used by policymakers and analysts to assess the tax burden and government's role in the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
This economic indicator is relevant for understanding fiscal and monetary policy, as well as the overall business and investment climate.
Key Facts
- This metric represents over $2 trillion in U.S. economic activity.
- It has grown at an average annual rate of 3.5% over the past decade.
- Taxes on production and imports account for over 10% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks taxes on production and imports, less subsidies, which is a component of U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into government revenue, the tax burden, and the role of fiscal policy, making it important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated 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: This indicator is relevant for understanding fiscal and monetary policy, as well as the overall business and investment climate.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Sectors; Taxes on Production and Imports Less Subsidies, Payable (IMA), Transactions (ASTPISQ027S), retrieved from FRED.