Percent Change, Not Seasonally Adjusted
This dataset tracks percent change, not seasonally adjusted over time.
Latest Value
-5.60
Year-over-Year Change
166.67%
Date Range
1/1/2004 - 1/1/2025
Summary
This economic trend measures the quarterly percent change in state and local government tax revenue, excluding seasonally adjusted figures. It provides insight into the financial health and tax collection patterns 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 metric tracks the quarter-over-quarter change in total state and local government tax revenue. This measure is used by economists and policymakers to analyze fiscal conditions and monitor the impacts of economic cycles on government finances.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of state and local government entities.
Historical Context
This trend is relevant for assessing the fiscal stability and policy decisions of state and local governments.
Key Facts
- Quarterly data since 1962.
- Measures total tax revenue, excluding federal sources.
- Used to analyze state/local budget conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in total state and local government tax revenue, excluding seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal health and tax collection patterns of state and local governments, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of state and local government entities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the fiscal stability and policy decisions of state and local governments.
Q: Are there update delays or limitations?
A: The data is published quarterly with a brief lag time.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV5613TAXABL157QNSA), retrieved from FRED.