State Government Tax Collections, Amusements - Selective Sales Taxes in Florida
FLAMUSTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187,505.00
Year-over-Year Change
19.35%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections from amusements and selective sales taxes in Florida. It provides insights into the state's tax revenue from entertainment and leisure activities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Government Tax Collections, Amusements - Selective Sales Taxes in Florida series tracks the tax revenue generated by the state government from amusement and entertainment-related sales taxes. This data is used by economists and policymakers to analyze Florida's fiscal health and consumer spending patterns.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of state government tax revenue sources.
Historical Context
This economic indicator is relevant for understanding Florida's tax policy, consumer trends, and economic performance.
Key Facts
- Florida is a major tourist destination in the U.S.
- Amusement and entertainment taxes account for a significant portion of the state's tax revenue.
- This data helps track changes in consumer spending on leisure activities in Florida.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the Florida state government from amusements and selective sales taxes, providing insights into consumer spending on entertainment and leisure activities.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding Florida's fiscal health, consumer spending patterns, and the economic impact of the state's tourism industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of state government tax revenue sources.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Florida's tax policy, consumer trends, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but there may be some delays in the reporting of the most recent figures.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Amusements - Selective Sales Taxes in Florida (FLAMUSTAX), retrieved from FRED.