Personal Taxes: Other Taxes by Region: Residence in the Northeast Census Region
CXUOTHRTAXLB1102M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.00
Year-over-Year Change
-59.07%
Date Range
1/1/1984 - 1/1/2023
Summary
This economic trend measures other personal taxes paid by individuals residing in the Northeast Census Region of the United States. It provides insights into the tax burden faced by households in this geographic area.
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 'Personal Taxes: Other Taxes by Region: Residence in the Northeast Census Region' series tracks the level of other taxes, excluding income and payroll taxes, paid by individuals living in the Northeast region. This data is useful for analyzing regional tax differences and their potential impact on consumer spending and economic activity.
Methodology
The data is collected and reported by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is relevant for policymakers, economists, and market analysts seeking to understand the tax environment and its influence on household finances and economic conditions in the Northeastern United States.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Other taxes include property taxes, motor vehicle licenses, fishing and hunting licenses, and various fees and fines.
- Tax burdens can influence household disposable income and spending patterns in a region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of other personal taxes, excluding income and payroll taxes, paid by individuals residing in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the tax burden faced by households in the Northeastern United States, which can influence consumer spending and economic activity in the region.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, economists, and market analysts seeking to understand the tax environment and its influence on household finances and economic conditions in the Northeastern United States.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological updates of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Personal Taxes: Other Taxes by Region: Residence in the Northeast Census Region (CXUOTHRTAXLB1102M), retrieved from FRED.