Percent Change, Seasonally Adjusted
This dataset tracks percent change, seasonally adjusted over time.
Latest Value
0.30
Year-over-Year Change
-160.00%
Date Range
1/1/2004 - 1/1/2025
Summary
This economic trend measures the seasonally adjusted percent change in state and local government revenue from taxes. It is a key indicator of 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, Seasonally Adjusted trend tracks the quarter-over-quarter change in total state and local government tax revenue, adjusted for seasonal variations. This metric provides insight into the revenue streams and budgetary conditions of subnational governments.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and analysts to assess the fiscal outlook and policy responses at the state and local levels.
Key Facts
- Quarterly data series started in 1993.
- Measures total tax revenue, not including non-tax sources.
- Helps track the economic impact on state and local budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted percent change in state and local government revenue from taxes on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the fiscal health and spending capacity of state and local governments, which are crucial for understanding economic conditions and policy responses at the subnational level.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts closely monitor this trend to assess the fiscal outlook and policy responses at the state and local levels.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Percent Change, Seasonally Adjusted (REV562TAXABL157QSA), retrieved from FRED.