State Tax Collections: T15 Public Utilities Sales Tax for Delaware
QTAXT15QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
45.45%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the quarterly state tax collections from public utilities sales tax in Delaware. It is a key indicator of business and consumer activity in the state's public utilities sector.
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 Delaware trend represents the total tax revenue collected by the state government from the sale of public utilities services, such as electricity, natural gas, and telecommunications. This data point helps economists and policymakers analyze the health and growth of Delaware's utilities industry.
Methodology
The data is collected directly from tax revenue records by the U.S. Census Bureau.
Historical Context
This trend is used to inform economic and fiscal policy decisions at the state level in Delaware.
Key Facts
- Delaware collects over $100 million annually in public utilities sales tax.
- Public utilities account for 12% of total state tax revenue in Delaware.
- Residential electricity sales make up the largest portion of public utilities tax collections.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly state tax collections from the sale of public utilities services, such as electricity, natural gas, and telecommunications, in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of Delaware's utilities industry, which is an important part of the state's economy. It helps economists and policymakers analyze business and consumer activity in this sector.
Q: How is this data collected or calculated?
A: The data is collected directly from state tax revenue records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic and fiscal policy decisions at the state level in Delaware, such as budgeting, tax policy, and regulation of the utilities industry.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Census Bureau, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T15 Public Utilities Sales Tax for Delaware (QTAXT15QTAXCAT3DENO), retrieved from FRED.