State Government Tax Collections, Corporations in General Licenses in North Carolina
NCCORPLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
881,635.00
Year-over-Year Change
68.49%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures corporate license tax collections by the state government of North Carolina. It provides insight into the business climate and tax revenue generation 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, Corporations in General Licenses in North Carolina metric tracks the revenue the state government collects from corporate license taxes. This data point is used by economists and policymakers to analyze the business and tax environment in the state.
Methodology
The data is collected directly from North Carolina state government tax collection records.
Historical Context
This trend is relevant for assessing the overall business climate and tax burden in North Carolina.
Key Facts
- North Carolina is a major economic hub in the Southeast U.S.
- Corporate license taxes make up a significant portion of state tax revenue.
- Trends in this metric can signal changes in the North Carolina business environment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue the North Carolina state government collects from corporate license taxes.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the business climate and tax revenue generation in North Carolina, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from North Carolina state government tax collection records.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the overall business climate and tax burden in North Carolina, which can inform economic and tax policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of state government tax collection records.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Corporations in General Licenses in North Carolina (NCCORPLICTAX), retrieved from FRED.