State Tax Collections: T51 Documentary and Stock Transfer Taxes for Washington
This dataset tracks state tax collections: t51 documentary and stock transfer taxes for washington over time.
Latest Value
320.00
Year-over-Year Change
-32.35%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures documentary and stock transfer tax collections in the state of Washington. It provides insights into revenue from these specialized taxes, which can inform state fiscal and economic policy decisions.
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: T51 Documentary and Stock Transfer Taxes for Washington series tracks tax revenue generated from specific transaction-based levies in the state. These taxes apply to the transfer of real estate deeds and securities, providing a window into economic activity and financial markets within Washington.
Methodology
The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Historical Context
Policymakers and analysts use this trend to understand Washington's tax base and revenue streams.
Key Facts
- Washington collects documentary and stock transfer taxes.
- These taxes generate millions in annual revenue for the state.
- The trend provides insights into real estate and securities activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures documentary and stock transfer tax collections in the state of Washington. It tracks revenue from these specialized transaction-based taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into economic activity and financial markets within Washington, which can inform state fiscal and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand Washington's tax base and revenue streams, which can guide decisions around state fiscal policy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and any reporting delays of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for Washington (QTAXT51QTAXCAT3WANO), retrieved from FRED.