State Tax Collections: T11 Amusements Sales Tax for Kansas

QTAXT11QTAXCAT3KSNO • 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 measures the sales tax revenue collected by the state of Kansas on amusement activities. It provides insights into consumer spending patterns and the overall health of the state's economy.

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 Kansas tracks the monthly revenue from the sales tax levied on amusement services and goods in the state. This indicator is used by economists and policymakers to analyze trends in consumer behavior and evaluate the performance of the entertainment and hospitality sectors.

Methodology

The data is collected and reported by the Kansas Department of Revenue.

Historical Context

This metric helps inform state fiscal and economic policies related to the amusements industry.

Key Facts

  • Kansas levies a 6.5% sales tax on amusement activities.
  • Amusement sales tax revenues account for around 2% of total state tax collections.
  • Seasonal fluctuations are common, with peak collections during the summer months.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the monthly sales tax revenue collected by the state of Kansas on amusement activities, including tickets, admission fees, and other charges for entertainment, recreation, and leisure services.

Q: Why is this trend relevant for users or analysts?

A: The amusements sales tax revenue provides insights into consumer spending patterns and the overall health of Kansas's entertainment and hospitality sectors, which are important drivers of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Kansas Department of Revenue, which tracks the sales tax receipts on amusement-related transactions.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to inform fiscal, regulatory, and economic development policies related to the amusements industry in Kansas.

Q: Are there update delays or limitations?

A: The data is typically published with a 2-3 month lag, and may be subject to minor revisions over time as tax collection information is finalized.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Kansas (QTAXT11QTAXCAT3KSNO), retrieved from FRED.