State Tax Collections: T11 Amusements Sales Tax for District of Columbia
QTAXT11QTAXCAT3DCNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This data series tracks quarterly amusements sales tax collections for the District of Columbia, a key indicator of consumer spending and economic activity in the region.
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: T11 amusements sales tax for the District of Columbia measures the total revenue generated from taxes on the sale of amusement services and tickets within the district. This metric provides insight into consumer demand and discretionary spending trends in the local economy.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the District of Columbia's tourism and entertainment sectors.
Key Facts
- The tax applies to admissions, entertainment, and recreation services.
- D.C. has a 10% amusements sales tax rate, one of the highest in the U.S.
- Quarterly amusements tax collections averaged $33 million from 2015-2020.
FAQs
Q: What does this economic trend measure?
A: This data series tracks quarterly amusements sales tax collections for the District of Columbia, a key indicator of consumer spending and economic activity in the region.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers monitor this trend to assess the strength of the District of Columbia's tourism and entertainment sectors.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric provides insight into consumer demand and discretionary spending trends in the local D.C. economy, which is relevant for policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a typical 3-month lag.
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Citation
U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for District of Columbia (QTAXT11QTAXCAT3DCNO), retrieved from FRED.