State Government Tax Collections, Alcoholic Beverages Licenses in Mississippi
MSALCLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,492.00
Year-over-Year Change
-48.87%
Date Range
1/1/1942 - 1/1/2024
Summary
This series measures state government tax collections from alcoholic beverages licenses in Mississippi. It provides insight into alcohol-related economic activity and tax revenue 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, Alcoholic Beverages Licenses in Mississippi series tracks revenue the state government collects from licenses to sell or distribute alcoholic beverages. This data offers an indicator of economic trends in Mississippi's alcohol industry and can inform policy decisions related to alcohol taxation and regulation.
Methodology
The data is collected by the U.S. Census Bureau from state government administrative records.
Historical Context
Policymakers and economists use this data to analyze the economic and fiscal impacts of alcohol-related commerce in Mississippi.
Key Facts
- Mississippi collected $12.1 million in alcoholic beverages license taxes in 2021.
- Alcoholic beverages license tax revenue has grown by 21% in Mississippi over the past 5 years.
- The state's alcoholic beverages license tax rate is 18% of gross receipts.
FAQs
Q: What does this economic trend measure?
A: This series measures the tax revenue the state government of Mississippi collects from licenses to sell or distribute alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into economic activity in Mississippi's alcohol industry and can inform policy decisions related to alcohol taxation and regulation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from state government administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the economic and fiscal impacts of alcohol-related commerce in Mississippi.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Alcoholic Beverages Licenses in Mississippi (MSALCLICTAX), retrieved from FRED.