State Tax Collections: T15 Public Utilities Sales Tax for Washington
QTAXT15QTAXCAT3WANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294.00
Year-over-Year Change
18.07%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state-level sales tax revenue from the public utilities sector in Washington. It provides insights into broader economic activity and consumer spending patterns in the state.
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 Washington tracks sales tax revenue generated from the utilities industry, including electricity, natural gas, and water supply. This data point offers visibility into consumer demand and spending within a key economic sector.
Methodology
The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Historical Context
This trend is used by economists and policymakers to analyze economic conditions and consumer behavior in Washington.
Key Facts
- Sales tax revenue from Washington's public utilities sector totaled $1.2 billion in 2021.
- Public utilities account for approximately 12% of total sales tax collections in Washington.
- This trend has shown steady growth over the past decade, reflecting increasing consumer demand for utilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures state-level sales tax revenue generated from the public utilities sector, including electricity, natural gas, and water supply, in Washington.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into broader economic activity and consumer spending patterns in Washington, which is useful for economists and policymakers analyzing the state's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze economic conditions and consumer behavior in Washington, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 3-month delay.
Related Trends
State Tax Collections: T21 Amusements License for Oregon
QTAXT21QTAXCAT3ORNO
State Tax Collections: T01 Property Taxes for Delaware
QTAXT01QTAXCAT3DENO
Total Tax Exemptions Under Age 65 for Wyoming
LT65EXMWY56A647NCEN
State Tax Collections: T53 Severance Taxes for Texas
QTAXT53QTAXCAT3TXNO
Mean Adjusted Gross Income for Georgia
MEANAGIGA13A052NCEN
State Tax Collections: T25 Motor Vehicle Operators License for Indiana
QTAXT25QTAXCAT3INNO
Citation
U.S. Federal Reserve, State Tax Collections: T15 Public Utilities Sales Tax for Washington (QTAXT15QTAXCAT3WANO), retrieved from FRED.