State Tax Collections: T09 General Sales and Gross Receipts Taxes for Oregon
QTAXT09QTAXCAT3ORNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
288.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures Oregon's general sales and gross receipts tax collections, providing insights into consumer spending and state revenue dynamics.
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 Tax Collections: T09 General Sales and Gross Receipts Taxes for Oregon metric tracks the total revenue generated by Oregon's sales and consumption-based taxes. This data point is a key indicator of economic activity and consumer confidence within the state.
Methodology
The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.
Historical Context
Policymakers and economists analyze this trend to understand Oregon's fiscal health and make informed decisions about state budgets and economic policies.
Key Facts
- Oregon has no state-level personal income tax.
- Sales tax revenue accounts for over 60% of Oregon's total tax collections.
- Oregon's sales tax rate is 0% but it has various other consumption-based taxes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by Oregon's general sales and gross receipts taxes, which are consumption-based taxes levied on the sale of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and state government revenue, which are important factors for policymakers, economists, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to understand Oregon's fiscal health and make informed decisions about state budgets, tax policies, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a delay of several months, so it may not reflect the most recent economic conditions.
Related Trends
State Tax Collections: T13 Motor Fuels Sales Tax for Minnesota
QTAXT13QTAXCAT3MNNO
Mean Adjusted Gross Income for Alabama
MEANAGIAL1A052NCEN
State Tax Collections: Total Taxes for District of Columbia
QTAXTOTALQTAXCAT3DCNO
State Tax Collections: T40 Individual Income Taxes for Wisconsin
QTAXT40QTAXCAT3WINO
State Tax Collections: T15 Public Utilities Sales Tax for the United States
QTAXT15QTAXCAT3USNO
State Tax Collections: T12 Insurance Premiums Sales Tax for Missouri
QTAXT12QTAXCAT3MONO
Citation
U.S. Federal Reserve, State Tax Collections: T09 General Sales and Gross Receipts Taxes for Oregon (QTAXT09QTAXCAT3ORNO), retrieved from FRED.