State Tax Collections: T11 Amusements Sales Tax for Missouri
QTAXT11QTAXCAT3MONO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.00
Year-over-Year Change
-5.10%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the sales tax revenue collected by the state of Missouri from the amusements sector. It provides insights into consumer spending patterns and the overall health of the state's entertainment industry.
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 Missouri is a key economic indicator that tracks the sales tax revenue generated from the amusements sector in the state. This data is used by policymakers, economists, and analysts to monitor consumer behavior, evaluate tax policy, and assess the performance of Missouri's entertainment industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local tax authorities.
Historical Context
This trend is relevant for understanding the impact of economic conditions and policy decisions on Missouri's amusements industry and consumer spending.
Key Facts
- Missouri's amusements sales tax revenue totaled $123.4 million in 2021.
- The amusements sector accounts for approximately 8% of Missouri's total sales tax collections.
- Sales tax revenue from the amusements industry has grown by 4.2% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the sales tax revenue collected by the state of Missouri from the amusements sector, including entertainment, recreation, and leisure activities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and the overall performance of Missouri's entertainment industry, which is valuable information for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state and local tax authorities.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to monitor the impact of economic conditions and policy decisions on Missouri's amusements industry and consumer spending in the state.
Q: Are there update delays or limitations?
A: The data is typically released with a 2-3 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Missouri (QTAXT11QTAXCAT3MONO), retrieved from FRED.