State Government Tax Collections, Documentary and Stock Transfer Taxes in Oregon
ORDOCUTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,493.00
Year-over-Year Change
-31.79%
Date Range
1/1/1951 - 1/1/2024
Summary
The 'State Government Tax Collections, Documentary and Stock Transfer Taxes in Oregon' trend measures the revenue collected by the Oregon state government from taxes on real estate transactions and stock transfers. It provides important insights into the economic activity and housing market 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
This economic indicator tracks the taxes paid on real estate deeds, mortgages, and stock sales in Oregon. It serves as a proxy for housing market activity and overall economic performance in the state, as these transactions are closely tied to broader economic conditions.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of state and local government finances.
Historical Context
Policymakers and economists use this trend to assess the strength of Oregon's housing and financial markets and make informed decisions about economic policy.
Key Facts
- Oregon collects documentary and stock transfer taxes to fund state government operations.
- The trend has fluctuated over time, reflecting changes in housing and financial market activity.
- Tax collections from these sources can provide insights into the broader economic conditions in Oregon.
FAQs
Q: What does this economic trend measure?
A: The 'State Government Tax Collections, Documentary and Stock Transfer Taxes in Oregon' trend measures the revenue collected by the Oregon state government from taxes on real estate transactions and stock transfers.
Q: Why is this trend relevant for users or analysts?
A: This trend serves as a proxy for housing market activity and overall economic performance in Oregon, as these transactions are closely tied to broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of state and local government finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of Oregon's housing and financial markets and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published quarterly, so there may be a short delay in the most recent figures.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Documentary and Stock Transfer Taxes in Oregon (ORDOCUTAX), retrieved from FRED.