Federal Receipts
Returns total U.S. federal government receipts (revenue) in billions of dollars. This includes all federal tax collections and other revenue sources.
Data Details
| Attribute | Value |
|---|---|
| Source | U.S. Treasury / FRED |
| Frequency | Monthly |
| Unit | Billions of USD |
| Seasonality | Seasonally adjusted |
Notes
- Receipts include income taxes, payroll taxes, corporate taxes, excise taxes, and other revenue
- Data is updated monthly with the latest available figures
- Compare with
FederalOutlays()to analyze the budget balance
Syntax
=FederalReceipts()Examples
Current federal receipts in billions
=FederalReceipts()/1000Calculate surplus (positive = surplus)
=FederalReceipts()/Population()*1000When to Use
- Tracking federal tax revenue trends
- Comparing receipts to outlays for budget analysis
- Economic research on fiscal policy
- Revenue forecasting and analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need federal spending | FederalOutlays() |
| Need deficit/surplus directly | FederalSurplusOrDeficit() |
| Need national debt | FederalDebt() |
Common Issues & FAQ
Q: What unit is the result in? A: Billions of U.S. dollars.
Q: What types of revenue are included? A: All federal revenue including income tax, payroll tax, corporate tax, and excise taxes.
Q: How often is the data updated? A: Monthly, sourced from FRED/U.S. Treasury data.
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today
▶
How does MarketXLS work?