State Government Tax Collections, Alcoholic Beverages Licenses in Idaho
IDALCLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,111.00
Year-over-Year Change
50.89%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures state government tax collections from alcoholic beverages licenses in Idaho. It provides insights into Idaho's alcohol-related tax revenue and economic activity.
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, Alcoholic Beverages Licenses in Idaho series tracks the total tax revenue collected by the state government from the sale of alcoholic beverage licenses. This metric offers a window into Idaho's alcohol industry and consumer demand.
Methodology
The data is collected and published by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue survey.
Historical Context
Policymakers and market analysts use this trend to assess the fiscal health and policy environment around Idaho's alcohol industry.
Key Facts
- Idaho's alcoholic beverages license tax collections totaled $10.7 million in 2021.
- Alcoholic beverages licenses account for about 1.5% of Idaho's total state tax revenue.
- Tax collections on alcoholic beverages licenses have grown by 25% in Idaho over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the state government of Idaho from the sale of alcoholic beverage licenses.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Idaho's alcohol industry and consumer demand, which is relevant for policymakers and market analysts assessing the fiscal health and policy environment around the state's alcohol sector.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue survey.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the fiscal health and policy environment around Idaho's alcohol industry, which can inform decisions around taxation, regulation, and economic development.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Census Bureau, so there may be a delay of several months before the latest figures are available.
Related Trends
Gross Domestic Product: Administrative and Support Services (561) in Idaho
IDADMINSUPNGSP
Personal Consumption Expenditures: Services for Idaho
IDPCESRV
Number of Identified Exporters to Belgium from Idaho
IDBELA475SCEN
Real Gross Domestic Product: Water Transportation (483) in Idaho
IDWATTRANRGSP
All Employees: Architectural, Engineering, and Related Services in Idaho
SMU16000006054130001A
All Employees: State Government in Idaho
SMU16000009092000001A
Citation
U.S. Census Bureau, State Government Tax Collections, Alcoholic Beverages Licenses in Idaho (IDALCLICTAX), retrieved from FRED.