Total Revenue for Finance and Insurance, Establishments Subject to Federal Income Tax

Percent Change

REV52TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.70

Year-over-Year Change

35.00%

Date Range

1/1/2010 - 4/1/2025

Summary

The Percent Change trend tracks the quarterly percent change in state and local government tax revenues. This metric is a key indicator of fiscal health and economic activity at the state and local level.

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 Percent Change in State and Local Tax Revenues represents the quarter-over-quarter percent change in total tax collections by U.S. state and local governments. This figure provides insight into the overall strength of economic conditions and tax bases within state and local jurisdictions.

Methodology

The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government finances.

Historical Context

Analysts and policymakers monitor this trend to assess the fiscal standing of state and local governments and the broader economic environment.

Key Facts

  • Quarterly data available since 1993.
  • Tax revenues are a major source of state/local funding.
  • Trend tracks economic conditions and fiscal health.

FAQs

Q: What does this economic trend measure?

A: The Percent Change trend measures the quarterly percent change in total tax collections by U.S. state and local governments.

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

A: This metric provides insight into the fiscal health and economic conditions within state and local jurisdictions, which is crucial for policymakers and market analysts.

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 finances.

Q: How is this trend used in economic policy?

A: Analysts and policymakers monitor this trend to assess the fiscal standing of state and local governments and the broader economic environment, which informs policy decisions.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag, and may be subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Percent Change (REV52TAXABL157QNSA), retrieved from FRED.