Federal Reserve Economic Data

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 2025
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 2025 167,207 167,615 152,381
line 4
Taxes on production and imports
Q1 2025 461,618 455,421 440,197
line 5
Taxes on corporate income
. . . .
line 6
Contributions for government social insurance
Q1 2025 6,758 6,903 6,243
line 7
Income receipts on assets
Q1 2025 24,494 24,334 24,395
line 8
Current transfer receipts
Q1 2025 286,473 289,371 294,656
line 9
Federal grants-in-aid
Q1 2025 237,328 241,106 236,078
line 10
From business (net)
Q1 2025 18,574 18,127 29,337
line 11
From persons
Q1 2025 30,479 30,084 29,123
line 12
From the rest of the world
Q1 2025 92 55 119
line 13
Current surplus of government enterprises
Q1 2025 -8,100 -7,996 -8,043
line 14
Current expenditures
Q1 2025 1,004,643 1,003,689 958,261
line 15
Consumption expenditures
Q1 2025 645,798 649,580 611,363
line 16
Current transfer payments
Q1 2025 295,503 289,980 278,333
line 17
Government social benefit payments to persons
Q1 2025 295,503 289,980 278,333
line 18
Current transfer payments to the rest of the world
Q1 2025 0 0 0
line 19
Interest payments
Q1 2025 63,161 63,950 68,389
line 20
To persons and business
. . . .
line 21
To the rest of the world
. . . .
line 22
Subsidies
Q1 2025 181 179 176
line 23
Net state and local government saving
. . . .
Addenda:
line 24
Gross government investment
Q1 2025 127,510 149,672 122,559
line 25
Consumption of fixed capital
Q1 2025 105,677 104,516 101,684
   

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