State Government Tax Collections, Documentary and Stock Transfer Taxes in Nebraska
NEDOCUTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,550.00
Year-over-Year Change
110.37%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures documentary and stock transfer taxes collected by the state government of Nebraska. It provides insights into tax revenue and economic activity in the state.
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 Nebraska series tracks the revenues generated from taxes levied on the transfer of real estate titles and stocks in the state. This data is used by economists and policymakers to analyze trends in economic activity and the fiscal health of the Nebraska government.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
This trend is relevant for understanding the broader economic conditions and fiscal policies in Nebraska.
Key Facts
- Nebraska's documentary and stock transfer tax revenues totaled $51.2 million in 2021.
- These taxes account for approximately 3% of Nebraska's total state tax collections.
- The trend in this tax revenue reflects changes in real estate transactions and stock trading activity in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the documentary and stock transfer taxes collected by the state government of Nebraska. It provides insights into tax revenue and economic activity in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the broader economic conditions and fiscal policies in Nebraska, as it reflects changes in real estate transactions and stock trading activity in the state.
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 government tax authorities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in economic activity and the fiscal health of the Nebraska government.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis with a short delay, providing timely information on this economic indicator.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Documentary and Stock Transfer Taxes in Nebraska (NEDOCUTAX), retrieved from FRED.