Total Revenue for Arts, Entertainment, and Recreation, Establishments Exempt from Federal Income Tax
Percent Change, Not Seasonally Adjusted
REV71TAXEPT157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.80
Year-over-Year Change
-46.53%
Date Range
4/1/2009 - 1/1/2025
Summary
The 'Percent Change, Not Seasonally Adjusted' trend measures the quarterly percent change in total state government tax revenue, excluding federal grants. This metric is a key indicator of economic activity and 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 data series tracks the percentage change in total state government tax revenue, which includes income, sales, and other state-level taxes. Economists and policymakers analyze this trend to assess the strength of state economies and monitor fiscal conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on quarterly surveys of state government finances.
Historical Context
Policymakers and analysts use this data to inform state budgeting, tax policy, and economic forecasting.
Key Facts
- Quarterly, not seasonally adjusted data
- Covers all 50 U.S. states
- Excludes federal grants and transfers
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in total state government tax revenue, excluding federal grants. It is an indicator of economic activity and fiscal health at the state level.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for economists, policymakers, and analysts to assess the strength of state economies, monitor fiscal conditions, and inform state budgeting and tax 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 quarterly surveys of state government finances.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to inform state budgeting, tax policy, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of several months, and it does not include federal grants or transfers to state governments.
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Citation
U.S. Federal Reserve, Percent Change, Not Seasonally Adjusted (REV71TAXEPT157QNSA), retrieved from FRED.