State Government Tax Collections, Public Utilities Licenses in Pennsylvania
PAUTILLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86,188.00
Year-over-Year Change
29.07%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections on public utilities licenses in Pennsylvania. It provides insights into the fiscal health and revenue sources of the state government.
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 Pennsylvania metric tracks the tax revenue generated by the state government from licensing fees and taxes on public utilities operating within the state. This data is used by economists and policymakers to analyze Pennsylvania's tax base, revenue streams, and fiscal policies.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual Survey of State Government Tax Collections.
Historical Context
This trend is relevant for understanding Pennsylvania's tax policies and the financial health of its public utilities sector.
Key Facts
- Pennsylvania collected $193 million in public utilities licenses taxes in 2020.
- This tax revenue accounts for approximately 2% of Pennsylvania's total state tax collections.
- The public utilities licensing tax has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the Pennsylvania state government from licensing fees and taxes on public utilities operating within the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Pennsylvania's tax base, revenue streams, and the financial health of its public utilities sector, which is relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual Survey of State Government Tax Collections.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Pennsylvania's tax policies, revenue sources, and the financial state of its public utilities industry, which can inform economic and fiscal decision-making.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not capture all tax revenue sources or changes in the public utilities sector.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Public Utilities Licenses in Pennsylvania (PAUTILLICTAX), retrieved from FRED.