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Quarterly, Not Seasonally Adjusted

COLLFUNTTFESTQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,559,672.00

Year-over-Year Change

-12.10%

Date Range

1/1/2007 - 1/1/2025

Summary

The Quarterly, Not Seasonally Adjusted series measures total federal, state, and local government tax collections. This data provides insights into the overall fiscal health and revenue sources of the U.S. government.

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

This economic indicator tracks the total tax revenue collected by federal, state, and local governments in the United States on a quarterly basis. It is a key metric used by policymakers, economists, and analysts to assess government finances and the broader economic environment.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of state and local government tax collections.

Historical Context

This trend is closely monitored by fiscal and monetary authorities to inform policy decisions.

Key Facts

  • Quarterly data is reported with a 3-month lag.
  • Tax collections account for over 90% of total government revenue.
  • The Great Recession led to a significant decline in tax revenue.

FAQs

Q: What does this economic trend measure?

A: The Quarterly, Not Seasonally Adjusted series tracks the total tax revenue collected by federal, state, and local governments in the United States.

Q: Why is this trend relevant for users or analysts?

A: This data provides important insights into the fiscal health and revenue sources of the U.S. government, which is crucial for policymakers, economists, and market analysts.

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 and local government tax collections.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by fiscal and monetary authorities to inform policy decisions, as it reflects the overall revenue generation capacity of the government.

Q: Are there update delays or limitations?

A: The quarterly data is reported with a 3-month lag, meaning the most recent quarter's information may not be available until several months later.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (COLLFUNTTFESTQ), retrieved from FRED.