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Revenue Data Sources

Revenue data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of revenue data sources here.

Federal revenue data begins in 1792.

State and local revenue data begins in 1820.

State and local revenue data for individual states begins in 1957.

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Data Sources for 2021_2029:

Sources for 2021:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

Sources for 2029:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

> data sources for other years
> data update schedule.

Blog

State FY25 Taxes Update

On November 22, 2025 usgovernmentspending.com updated FY2025 state revenue with quarterly tax data released by the US Census Bureau on September 2, 2025.  Local tax data was updated by assuming that local taxes for 2024 changed by the same percent as state taxes of the same type.


$ billionFY2025
Estimate
FY2025
Actual
State Income Tax Revenue$908$798
Total State Revenue$2,815$3.072


State and local spending projections for FY2026 to FY2029 have been reestimated using the "Guesstimate" method.

Gross State Product for 2024
The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2024 on March 29, 2025.Usgovernmen ...

Federal Deficit, Receipts, Outlays Actuals for FY 2025
On October 16, 2025, the US Treasury reported in its Monthly Treasury Statement (and  ...

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