State Government Tax Collections, Public Utilities Licenses in Louisiana
LAUTILLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,067.00
Year-over-Year Change
67.62%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections from public utilities licenses in Louisiana. It provides insight into the taxation of key infrastructure services in the state.
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, Public Utilities Licenses in Louisiana trend tracks tax revenue generated by licenses and permits for public utilities operating in the state. This data is used by policymakers and analysts to understand the fiscal impact of utility-related economic activity.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend offers context on state government finances and the regulatory environment for public utilities.
Key Facts
- Louisiana collected $96 million in public utilities license taxes in 2021.
- Utilities taxes account for around 2% of Louisiana's total state tax revenue.
- Public utilities license tax collections have grown by 18% over the past decade in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures state government tax collections from licenses and permits for public utilities operating in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the fiscal impact of the utilities sector and the regulatory environment for key infrastructure services in Louisiana.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand state government finances and the taxation of public utilities.
Q: Are there update delays or limitations?
A: This data is published annually with a typical 6-9 month delay.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Public Utilities Licenses in Louisiana (LAUTILLICTAX), retrieved from FRED.