State Tax Collections: T99 Taxes, Not Elsewhere Classified for West Virginia

QTAXT99QTAXCAT3WVNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

300.00%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures a specific category of state tax collections in West Virginia, providing insights into the state's fiscal health and policy environment.

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: T99 Taxes, Not Elsewhere Classified for West Virginia' metric tracks a miscellaneous category of state tax revenues that are not classified elsewhere. It offers a window into West Virginia's overall tax collection patterns and can inform policy decisions related to the state's fiscal policies.

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 trend is used by economists, policymakers, and analysts to monitor West Virginia's economic and fiscal conditions.

Key Facts

  • West Virginia's 'T99 Taxes, Not Elsewhere Classified' category accounts for a small but meaningful portion of the state's overall tax revenue.
  • This metric can signal changes in the state's economic structure and the efficacy of its tax system.
  • Policymakers use this data to assess the fiscal health and policy needs of West Virginia.

FAQs

Q: What does this economic trend measure?

A: This trend measures a specific category of state tax collections in West Virginia, which includes miscellaneous tax revenues not classified elsewhere.

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

A: This trend provides insights into West Virginia's overall fiscal health and can inform policy decisions related to the state's tax system and economic environment.

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: Economists, policymakers, and analysts use this trend to monitor West Virginia's economic and fiscal conditions and inform policy decisions related to state finances and taxation.

Q: Are there update delays or limitations?

A: The data is published quarterly, and there may be some reporting delays or limitations in capturing all relevant tax revenue sources.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for West Virginia (QTAXT99QTAXCAT3WVNO), retrieved from FRED.