Federal Receipts
FYFR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,918,736.00
Year-over-Year Change
100.77%
Date Range
6/30/1901 - 9/30/2024
Summary
The Federal Receipts trend measures the total amount of revenue collected by the U.S. federal government. It is a key indicator of the government's fiscal health and ability to fund programs and services.
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
Federal Receipts include individual and corporate income taxes, social insurance and retirement contributions, excise taxes, and other sources of revenue. Economists and policymakers analyze this data to understand the government's fiscal position and inform budgeting and tax policy decisions.
Methodology
The data is collected and published by the U.S. Department of the Treasury.
Historical Context
Federal Receipts data is widely used by analysts, investors, and policymakers to assess the government's financial standing and the overall state of the economy.
Key Facts
- Federal Receipts totaled $4.05 trillion in 2021.
- Individual income taxes account for the largest share of federal revenue.
- Receipts fluctuate with economic conditions and policy changes.
FAQs
Q: What does this economic trend measure?
A: The Federal Receipts trend measures the total amount of revenue collected by the U.S. federal government, including individual and corporate income taxes, social insurance contributions, and other sources.
Q: Why is this trend relevant for users or analysts?
A: Federal Receipts data is crucial for understanding the government's fiscal position and ability to fund programs and services. It informs policy decisions and is closely watched by economists, investors, and the public.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Department of the Treasury.
Q: How is this trend used in economic policy?
A: Policymakers use Federal Receipts data to assess the government's fiscal health, inform budgeting decisions, and develop tax and spending policies.
Q: Are there update delays or limitations?
A: Federal Receipts data is published monthly with a brief delay, providing timely information on the government's financial position.
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Citation
U.S. Federal Reserve, Federal Receipts (FYFR), retrieved from FRED.