State Government Tax Collections, Documentary and Stock Transfer Taxes in Connecticut
CTDOCUTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
280,712.00
Year-over-Year Change
115.91%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures documentary and stock transfer tax collections by the state government of Connecticut. It provides insights into the state's real estate and financial market 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 State Government Tax Collections, Documentary and Stock Transfer Taxes in Connecticut series tracks the revenue generated from taxes on real estate transactions and stock transfers within the state. This data is used by economists and policymakers to analyze the health of Connecticut's housing and financial sectors.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
Trends in documentary and stock transfer tax collections inform assessments of Connecticut's economic conditions and policy decisions.
Key Facts
- Connecticut levies taxes on real estate transfers and stock trades.
- Documentary and stock transfer tax revenues reflect housing and financial market activity.
- This data provides insights into the state's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state government of Connecticut from documentary and stock transfer taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health of Connecticut's real estate and financial markets, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Q: How is this trend used in economic policy?
A: Trends in documentary and stock transfer tax collections inform assessments of Connecticut's economic conditions and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions of the U.S. Census Bureau's state tax collection surveys.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Documentary and Stock Transfer Taxes in Connecticut (CTDOCUTAX), retrieved from FRED.