State Tax Collections: T40 Individual Income Taxes for Arkansas
QTAXT40QTAXCAT3ARNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
622.00
Year-over-Year Change
-28.01%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures individual income tax collections for the state of Arkansas. It provides insight into the state's tax revenue and fiscal health.
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: T40 Individual Income Taxes for Arkansas series tracks the total amount of individual income taxes collected by the state government. This data is used by policymakers, economists, and analysts to monitor Arkansas' fiscal conditions and the impact of tax policies.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Arkansas' economic and budgetary environment.
Key Facts
- Arkansas relies on individual income taxes for a significant portion of its state revenue.
- Individual income tax collections fluctuate with economic conditions and policy changes.
- The trend data is released quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of individual income taxes collected by the state government of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Arkansas' fiscal health and the impact of tax policies on state revenue.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor Arkansas' budgetary environment and inform decisions about tax policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Census Bureau, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, State Tax Collections: T40 Individual Income Taxes for Arkansas (QTAXT40QTAXCAT3ARNO), retrieved from FRED.