State Tax Collections: T10 Alcoholic Beverages Sales Tax for Alabama
QTAXT10QTAXCAT3ALNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.00
Year-over-Year Change
4.41%
Date Range
1/1/1994 - 4/1/2025
Summary
This economic trend measures the total state tax collections on alcoholic beverage sales in Alabama. It is an important indicator of consumer spending and state tax revenue.
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 Tax Collections: T10 Alcoholic Beverages Sales Tax for Alabama tracks the monthly revenue generated by Alabama's state sales tax on alcoholic beverage purchases. This data point is used by economists and policymakers to analyze consumer behavior and assess the fiscal health of the state.
Methodology
The data is collected directly from state tax authorities and calculated based on total taxable sales of alcoholic beverages.
Historical Context
This trend is monitored by state governments, the alcohol industry, and economic analysts to understand consumer demand and the impact on state budgets.
Key Facts
- Alabama's alcoholic beverage sales tax rate is currently 4%.
- State tax collections on alcohol sales peaked in Alabama at $34.2 million in July 2022.
- Alcoholic beverage sales taxes account for approximately 2% of Alabama's total state tax revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total state tax revenue collected on the sale of alcoholic beverages in Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding consumer spending patterns, state tax revenue, and the overall performance of Alabama's alcohol industry.
Q: How is this data collected or calculated?
A: The data is collected directly from Alabama's state tax authorities and calculated based on total taxable sales of alcoholic beverages.
Q: How is this trend used in economic policy?
A: State governments, the alcohol industry, and economic analysts use this trend to monitor consumer demand and assess the impact on state budgets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month delay from the reference period.
Related Trends
Average Weekly Earnings of Production Employees: Manufacturing: Durable Goods in Alabama
SMU01000003100000030
Value of Exports to Belgium from Alabama
ALBELA052SCEN
Value of Exports to Netherlands from Alabama
ALNLDA052SCEN
All Employees: Manufacturing: Non-Durable Goods: Animal Slaughtering and Processing in Alabama
SMU01000003231160001SA
90% Confidence Interval Lower Bound of Estimate of Median Household Income for Alabama
MHICILBAL01000A052NCEN
Gross Domestic Product: Real Estate (531) in Alabama
ALREALNGSP
Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Alabama (QTAXT10QTAXCAT3ALNO), retrieved from FRED.