Us Revenue And Expenditures By Year

Bea produces the only comprehensive estimates of state and local government activity available on a timely basis.

Us revenue and expenditures by year. As of 2011 funding for the federal financial statistics program of which the cffr was part was cut from the federal budget. Receipts and expenditures tables labeled government combine federal state and local activities. But federal revenues cratered in the great recession down to a little over 2 trillion in 2009. Through fiscal year 2010 the census bureau produced the annual consolidated federal funds report tracking federal expenditures both geographically and by agency and program.

In the subsequent recovery federal revenues increased slowly in 2010 thru 2012 but has increased more strongly since 2013. Federal tax revenue is the total tax receipts received by the federal government each year. Consumer expenditure has gradually increased year on year growing by around. Major expenditure categories are healthcare social security and defense.

Federal spending and revenue components for fiscal year 2019. The expenditures of the united states federal government as a percentage of gdp over time. Table 14 5 total government expenditures by major category of expenditure as percentages of gdp. See more federal tax revenue analysis.

Income and payroll taxes are the primary revenue sources. Most of it is paid either through income taxes or payroll taxes. Compare federal tax revenue by source over time from 1934 to 2018. In fiscal year fy 2021 income taxes will account for 50 payroll taxes make up 36 and corporate taxes supply 7.

Pet industry expenditure in the united states was forecast to reach approximately 99 billion u s. State and local general revenue by source percentage distribution state and local issues state and local revenues and expenditures as a percentage of personal income by function. Federal tax revenue by source 1934 2018. Data also are produced for the federal government and for state and local governments combined.