Total Revenue for Amusement, Gambling, and Recreation Industries, Establishments Exempt from Federal Income Tax
Percent Change, Not Seasonally Adjusted
REV713TAXEPT157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-8.40
Year-over-Year Change
2000.00%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change, Not Seasonally Adjusted' metric tracks the quarterly change in state and local government tax revenues. This data provides insight into the health and growth of state and local fiscal conditions.
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 economic indicator measures the percent change in state and local government tax collections on a quarterly basis without seasonal adjustments. It serves as an important barometer for monitoring trends in government tax receipts, which can inform fiscal policy decisions and budgeting at the state and local levels.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of state and local government entities.
Historical Context
Analysts and policymakers use this metric to assess the strength of state and local government finances and the broader economic environment.
Key Facts
- Quarterly data series started in 1993.
- Covers all 50 U.S. states and thousands of local governments.
- Helps track economic impacts on state/local budgets.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change, Not Seasonally Adjusted' metric tracks the quarterly change in state and local government tax revenues.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and growth of state and local fiscal conditions, which is crucial for understanding government budgets and informing policy decisions.
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 entities.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the strength of state and local government finances and the broader economic environment, which informs fiscal policy decisions and budgeting.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, so there may be some delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV713TAXEPT157QNSA), retrieved from FRED.