Percent Change, Not Seasonally Adjusted
This dataset tracks percent change, not seasonally adjusted over time.
Latest Value
-5.70
Year-over-Year Change
14.00%
Date Range
4/1/2007 - 1/1/2025
Summary
This economic trend measures the quarterly percent change in state and local government tax revenues, not seasonally adjusted. It provides insights into the fiscal health and spending capacity of state and local 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 'Percent Change, Not Seasonally Adjusted' trend tracks the quarter-over-quarter change in total state and local government tax collections, excluding federal transfers. This metric is used by economists and policymakers to gauge the strength of state and local government finances and their ability to fund public services.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of state and local government tax revenues.
Historical Context
This trend is closely monitored by economists, fiscal analysts, and policymakers to assess the economic conditions facing state and local governments.
Key Facts
- Tax revenues provide a major funding source for state and local governments.
- This trend measures quarterly changes in total tax collections, excluding federal transfers.
- Tracking tax revenue growth is important for evaluating the fiscal health of state and local budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in total state and local government tax revenues, excluding federal transfers, on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the fiscal health and spending capacity of state and local governments, which is important for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of state and local government tax revenues.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, fiscal analysts, and policymakers to assess the economic conditions facing state and local governments and their ability to fund public services.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and the not seasonally adjusted format may require additional analysis to interpret the underlying trends.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV5417TAXABL157QNSA), retrieved from FRED.