Federal Reserve Economic Data: Your trusted data source since 1991

SECTION 8 - NOT SEASONALLY ADJUSTED

Table 8.4. State and Local Government Current Receipts and Expenditures, Not Seasonally Adjusted, Quarterly

   

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    Q1 1947    
 
 
    Q1 2024
Millions of Dollars
Line Name Period Value Preceding
Period
Year Ago
from Period
line 1
Current receipts
. . . .
line 2
Current tax receipts
. . . .
line 3
Personal current taxes
Q1 2024 143,321 148,161 145,680
line 4
Taxes on production and imports
Q1 2024 420,936 419,406 413,519
line 5
Taxes on corporate income
. . . .
line 6
Contributions for government social insurance
Q1 2024 6,069 5,706 5,364
line 7
Income receipts on assets
Q1 2024 25,204 25,293 24,901
line 8
Current transfer receipts
Q1 2024 294,228 276,031 293,451
line 9
Federal grants-in-aid
Q1 2024 236,502 230,211 248,427
line 10
From business (net)
Q1 2024 29,115 17,462 17,192
line 11
From persons
Q1 2024 28,438 28,172 27,781
line 12
From the rest of the world
Q1 2024 174 186 51
line 13
Current surplus of government enterprises
Q1 2024 -4,233 -4,471 -3,735
line 14
Current expenditures
Q1 2024 961,880 961,764 916,868
line 15
Consumption expenditures
Q1 2024 621,243 626,840 583,457
line 16
Current transfer payments
Q1 2024 268,878 260,684 263,653
line 17
Government social benefit payments to persons
Q1 2024 268,878 260,684 263,653
line 18
Current transfer payments to the rest of the world
Q1 2024 0 0 0
line 19
Interest payments
Q1 2024 71,583 74,067 69,588
line 20
To persons and business
. . . .
line 21
To the rest of the world
. . . .
line 22
Subsidies
Q1 2024 176 174 170
line 23
Net state and local government saving
. . . .
Addenda:
line 24
Gross government investment
Q1 2024 123,861 143,540 107,107
line 25
Consumption of fixed capital
Q1 2024 100,172 99,275 97,437
   

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