State Government Tax Collections, Hunting and Fishing Licenses in Oregon
ORHUNTLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,361.00
Year-over-Year Change
19.96%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures state government tax revenue from hunting and fishing licenses in Oregon. It provides insight into recreational activity and related state tax income.
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, Hunting and Fishing Licenses in Oregon metric tracks revenue the state government collects from the sale of hunting and fishing licenses. This data reflects participation in outdoor recreation activities and helps policymakers understand related tax income streams.
Methodology
The data is collected by the U.S. Census Bureau from state government records.
Historical Context
This trend is used by economists and policymakers to assess the economic impact of recreational activities in Oregon.
Key Facts
- Oregon collected $32.4 million in hunting and fishing license taxes in 2021.
- License sales and related tax revenue have grown by 8% over the past 5 years.
- Outdoor recreation contributes over $16 billion annually to Oregon's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures state government tax revenue from the sale of hunting and fishing licenses in Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into participation in outdoor recreation activities and the related tax income streams for the state government.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from state government records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the economic impact of recreational activities in Oregon.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Hunting and Fishing Licenses in Oregon (ORHUNTLICTAX), retrieved from FRED.