State Tax Collections: T21 Amusements License for Minnesota
QTAXT21QTAXCAT3MNNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the tax collections from amusement licenses in the state of Minnesota. It provides insight into the recreational and entertainment sector of the state's economy.
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: T21 Amusements License for Minnesota metric tracks the revenue generated from licenses and fees related to amusement activities like sports, concerts, and other forms of entertainment within the state. This data point is used by economists and policymakers to assess the health and performance of Minnesota's leisure and hospitality industry.
Methodology
The data is collected and reported by the Minnesota Department of Revenue.
Historical Context
This trend is relevant for understanding consumer spending patterns and the broader economic conditions in Minnesota.
Key Facts
- Minnesota's amusement tax collections totaled $XX.XX million in 20XX.
- Amusement tax revenues have grown by X% over the past 5 years in Minnesota.
- The amusement sector accounts for approximately X% of Minnesota's total tax collections.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax collections from amusement licenses and fees in the state of Minnesota, providing insight into the recreational and entertainment sector of the state's economy.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to assess the health and performance of Minnesota's leisure and hospitality industry, as well as consumer spending patterns and broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Minnesota Department of Revenue.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding consumer spending and the broader economic conditions in Minnesota, which can inform policy decisions related to the state's recreational and entertainment sectors.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Minnesota Department of Revenue, but there may be some delays in reporting or limitations in the scope of the information collected.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for Minnesota (QTAXT21QTAXCAT3MNNO), retrieved from FRED.