State Tax Collections: T99 Taxes, Not Elsewhere Classified for Alabama

QTAXT99QTAXCAT3ALNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 1/1/2014

Summary

This economic trend measures state tax collections in Alabama for the 'Taxes, Not Elsewhere Classified' category, which includes a variety of miscellaneous state taxes. It provides important insights into the fiscal health and revenue sources of state governments.

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 'Taxes, Not Elsewhere Classified' category encompasses a diverse range of state taxes that do not fit into more specific tax classifications. Analyzing this broader trend can help economists and policymakers understand the evolving tax landscape and revenue dynamics within a state.

Methodology

The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Tax Revenue.

Historical Context

This information is used by state officials, economists, and market analysts to assess fiscal conditions and policy decisions.

Key Facts

  • Alabama's 'Taxes, Not Elsewhere Classified' collections were $283 million in Q4 2022.
  • This category accounts for approximately 6% of Alabama's total state tax revenue.
  • The trend has shown moderate year-over-year growth in recent quarters.

FAQs

Q: What does this economic trend measure?

A: This trend measures state tax collections in Alabama for the 'Taxes, Not Elsewhere Classified' category, which includes a variety of miscellaneous state taxes.

Q: Why is this trend relevant for users or analysts?

A: Analyzing this broader tax category can provide insights into the fiscal health and revenue sources of the state government, which is important for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Tax Revenue.

Q: How is this trend used in economic policy?

A: This information is used by state officials, economists, and market analysts to assess fiscal conditions and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, so there may be a delay of several months before the most recent information is available.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Alabama (QTAXT99QTAXCAT3ALNO), retrieved from FRED.