Total Revenue for Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing, Establishments Subject to Federal Income Tax
Percent Change, Not Seasonally Adjusted
REV53212TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.00
Year-over-Year Change
-3.85%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic trend measures the quarterly percent change in state and local tax revenues, not adjusted for seasonal factors. It provides insight into the health and variability of government budgets.
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, Not Seasonally Adjusted trend tracks the quarterly percent change in total state and local tax revenues in the United States. This metric is used by economists and policymakers to analyze the growth, stability, and cyclical patterns of government tax receipts.
Methodology
The data is collected and calculated by the U.S. Census Bureau from quarterly surveys of state and local government finances.
Historical Context
Fluctuations in this trend can indicate changes in economic activity, policy, or other factors affecting government budgets and fiscal conditions.
Key Facts
- Revenues can vary due to changes in tax rates, economic growth, and policy decisions.
- Declines in this trend may signal budget pressures for state and local governments.
- The data is published quarterly with a delay of several months.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in total state and local tax revenues in the United States, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Fluctuations in state and local tax revenues provide insight into the fiscal health and budgetary conditions of government entities, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau from quarterly surveys of state and local government finances.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the impacts of economic conditions, policy changes, and other factors on government budgets and fiscal positions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of several months, and does not account for seasonal variations in tax receipts.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV53212TAXABL157QNSA), retrieved from FRED.