Percent Change, Not Seasonally Adjusted
This dataset tracks percent change, not seasonally adjusted over time.
Latest Value
-16.80
Year-over-Year Change
7.01%
Date Range
1/1/2004 - 1/1/2025
Summary
The 'Percent Change, Not Seasonally Adjusted' series tracks quarterly changes in state and local tax revenues, providing insight into economic conditions and fiscal policy.
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
This economic indicator measures the year-over-year percent change in state and local tax collections, excluding seasonal adjustments. It offers a timely gauge of the health of state and local government finances, which can inform policymaking and economic analysis.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government revenue sources.
Historical Context
Economists and policymakers monitor this trend to assess the impacts of economic cycles, policy changes, and other factors on state and local government budgets.
Key Facts
- This metric excludes seasonal adjustments, providing a raw view of tax revenue changes.
- Quarterly data is released approximately 3 months after the end of each quarter.
- Positive percent changes indicate growing state and local tax collections.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change, Not Seasonally Adjusted' series tracks quarterly changes in state and local tax revenues, providing insight into economic and fiscal conditions.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a timely gauge of the health of state and local government finances, which can inform policymaking and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government revenue sources.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the impacts of economic cycles, policy changes, and other factors on state and local government budgets.
Q: Are there update delays or limitations?
A: Quarterly data is released approximately 3 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV512TAXABL157QNSA), retrieved from FRED.