State Tax Collections: T10 Alcoholic Beverages Sales Tax for Missouri
QTAXT10QTAXCAT3MONO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
20.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The State Tax Collections: T10 Alcoholic Beverages Sales Tax for Missouri tracks quarterly sales tax revenue from the alcoholic beverages category in the state. This metric provides insight into consumer demand and spending patterns for alcohol products.
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
This series measures state sales tax collections specifically from the alcoholic beverages category in Missouri. It is a key indicator of consumer behavior and economic activity within the state's alcohol industry, which has important implications for tax revenue, regulatory policy, and broader market trends.
Methodology
The data is collected directly from the Missouri Department of Revenue's tax records.
Historical Context
This metric is closely monitored by state policymakers, regulators, and industry analysts to assess economic conditions and inform decisions around taxation, licensing, and other alcohol-related policies.
Key Facts
- Missouri's alcoholic beverages sales tax generated over $250 million in state revenue in 2021.
- The alcoholic beverages sales tax accounts for approximately 5% of Missouri's total state tax collections.
- Missouri's alcoholic beverages sales tax rate is currently set at 4.225%.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly state sales tax collections specifically from the alcoholic beverages category in Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and spending patterns for alcohol products within Missouri, which has important implications for tax revenue, regulatory policy, and broader market trends.
Q: How is this data collected or calculated?
A: The data is collected directly from the Missouri Department of Revenue's tax records.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by state policymakers, regulators, and industry analysts to assess economic conditions and inform decisions around taxation, licensing, and other alcohol-related policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Missouri (QTAXT10QTAXCAT3MONO), retrieved from FRED.