Total Revenue for Gambling Industries, Establishments Subject to Federal Income Tax
Percent Change, Not Seasonally Adjusted
REV7132TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-24.32%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change, Not Seasonally Adjusted' trend measures the quarterly change in total state and local government tax revenue. This metric is a key indicator of economic activity and government fiscal health.
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
This series represents the percent change from the previous quarter in total state and local government tax collections, without adjustments for seasonal variations. It provides insight into the overall tax revenue trends across the U.S. and can inform fiscal policy decisions.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government finances.
Historical Context
Policymakers and economists use this trend to analyze the health of state and local government budgets and the broader economy.
Key Facts
- The data is reported quarterly, not seasonally adjusted.
- Tax revenue trends can indicate the overall strength of the economy.
- Percent changes can show acceleration or deceleration in tax collections.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percent change from the previous quarter in total state and local government tax revenue, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal health of state and local governments and can inform policy decisions related to taxation and spending.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the health of state and local government budgets and the broader economy, which can inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a delay of several months, and is not seasonally adjusted.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV7132TAXABL157QNSA), retrieved from FRED.