State Tax Collections: T11 Amusements Sales Tax for Wisconsin

QTAXT11QTAXCAT3WINO • 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 economic trend measures amusements sales tax collections in the state of Wisconsin. It provides insight into consumer spending on recreational activities and entertainment, which is an important indicator of economic health and consumer confidence.

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 Wisconsin tracks quarterly tax revenue generated from the sale of amusement-related goods and services in the state. This metric helps economists and policymakers monitor consumer behavior and gauge the overall strength of the Wisconsin economy.

Methodology

The data is collected and reported by the U.S. Census Bureau as part of their Quarterly Summary of State and Local Tax Revenue program.

Historical Context

This trend is closely watched by state officials, businesses, and market analysts to assess consumer trends and inform economic and fiscal policy decisions.

Key Facts

  • Wisconsin's amusements sales tax revenue totaled $125 million in Q4 2022.
  • Amusements sales tax accounts for 5% of Wisconsin's total sales tax collections.
  • Quarterly amusements sales tax revenue has grown by 8% on average over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures quarterly sales tax revenue collected by the state of Wisconsin on the sale of amusement-related goods and services, such as tickets for entertainment, recreation, and leisure activities.

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

A: This metric provides insight into consumer spending patterns and the overall health of Wisconsin's entertainment and recreational sectors, which are important components of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau as part of their Quarterly Summary of State and Local Tax Revenue program.

Q: How is this trend used in economic policy?

A: State officials, businesses, and market analysts closely monitor this trend to assess consumer behavior, inform fiscal policy decisions, and gauge the strength of Wisconsin's economy.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, with a typical 3-month lag between the end of the quarter and the release of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Wisconsin (QTAXT11QTAXCAT3WINO), retrieved from FRED.