State Tax Collections: T13 Motor Fuels Sales Tax for Texas
QTAXT13QTAXCAT3TXNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
916.00
Year-over-Year Change
4.93%
Date Range
1/1/1994 - 1/1/2025
Summary
This data series tracks quarterly tax collections from motor fuels sales in Texas. It provides insight into consumer and economic activity related to transportation and energy demand.
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: T13 Motor Fuels Sales Tax for Texas measures the revenue generated from taxes levied on retail sales of motor fuels, such as gasoline and diesel, within the state of Texas. This metric is used by economists and policymakers to monitor trends in consumer behavior, transportation usage, and broader macroeconomic conditions.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of state tax collection agencies.
Historical Context
This information informs analysis of energy markets, consumer spending, and the overall health of the Texas economy.
Key Facts
- Texas is the second-largest state by population and GDP.
- Motor fuels account for a significant portion of state tax revenue.
- Tax collections data provides insight into transportation and energy demand.
FAQs
Q: What does this economic trend measure?
A: This data series tracks quarterly tax collections from retail sales of motor fuels, such as gasoline and diesel, within the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer behavior, transportation usage, and broader economic conditions in Texas.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of state tax collection agencies.
Q: How is this trend used in economic policy?
A: This information informs analysis of energy markets, consumer spending, and the overall health of the Texas economy, which is relevant for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 3-month delay.
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Citation
U.S. Federal Reserve, State Tax Collections: T13 Motor Fuels Sales Tax for Texas (QTAXT13QTAXCAT3TXNO), retrieved from FRED.