State Tax Collections: T15 Public Utilities Sales Tax for Arkansas
QTAXT15QTAXCAT3ARNO • 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 trend measures state tax collections from public utilities sales tax in Arkansas. It provides insight into economic activity and tax revenue for policymakers and analysts.
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: T15 Public Utilities Sales Tax for Arkansas trend tracks tax revenue generated from the sale of public utilities to consumers in the state. It is a key indicator of economic conditions and consumer spending patterns.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Historical Context
This metric is used by economists and policymakers to assess the health of the Arkansas economy and inform fiscal policy decisions.
Key Facts
- Arkansas has a 6.5% state sales tax rate.
- Public utilities account for 10% of Arkansas' total sales tax revenue.
- Tax collections from this category have grown 4% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures state tax collections from the sale of public utilities to consumers in Arkansas, providing insight into economic activity and tax revenue.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the health of the Arkansas economy and informing fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess economic conditions and consumer spending patterns in Arkansas.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, State Tax Collections: T15 Public Utilities Sales Tax for Arkansas (QTAXT15QTAXCAT3ARNO), retrieved from FRED.