Total Revenue for Offices of Physicians, Establishments Subject to Federal Income Tax
Percent Change, Not Seasonally Adjusted
REV6211TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.30
Year-over-Year Change
3.12%
Date Range
4/1/2009 - 4/1/2025
Summary
This economic trend measures the quarterly percent change in total state and local government tax revenue in the United States, not adjusted for seasonal variations. It provides insights into the health of state and local government finances.
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 government tax revenue. This metric is a key indicator of fiscal conditions and revenue generation for state and local policymakers.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of state and local government financial activities.
Historical Context
This trend is closely monitored by economists, policymakers, and municipal bond markets to assess the financial stability of state and local governments.
Key Facts
- State and local governments collect over $2 trillion in tax revenue annually.
- Tax revenue fluctuates with economic conditions, impacting government budgets.
- Percent changes can signal shifts in economic activity and tax policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in total state and local government tax revenue in the United States, not adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the fiscal health and revenue generation of state and local governments, which is crucial information for policymakers, economists, and municipal bond markets.
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 financial activities.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and municipal bond markets to assess the financial stability and revenue generation of state and local governments.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Census Bureau, with a typical delay of several months.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV6211TAXABL157QNSA), retrieved from FRED.