State Tax Collections: T21 Amusements License for Mississippi

QTAXT21QTAXCAT3MSNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

0.00%

Date Range

1/1/1994 - 1/1/2025

Summary

The 'State Tax Collections: T21 Amusements License for Mississippi' trend measures quarterly tax revenue from amusement-related licenses and permits in the state of Mississippi. This metric provides insight into consumer spending and recreational activity 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

This series tracks state tax collections in Mississippi specifically related to amusement and recreation, such as licenses for movie theaters, concert venues, and other leisure activities. It serves as an economic indicator for consumer behavior and discretionary spending within the state.

Methodology

The data is collected directly from state revenue agencies and compiled by the U.S. Federal Reserve.

Historical Context

Policymakers and analysts use this metric to monitor the health of Mississippi's recreation and entertainment sectors.

Key Facts

  • Covers quarterly tax revenue from amusement and recreation licenses in Mississippi.
  • Provides insight into consumer spending patterns and the entertainment industry.
  • Can signal broader economic trends in the state, such as tourism and disposable income.

FAQs

Q: What does this economic trend measure?

A: This trend measures quarterly tax revenue from amusement-related licenses and permits in the state of Mississippi, providing insight into consumer spending and recreational activity in the state.

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

A: This metric serves as an economic indicator for the health of Mississippi's recreation and entertainment sectors, which can signal broader trends in consumer spending and discretionary income within the state.

Q: How is this data collected or calculated?

A: The data is collected directly from state revenue agencies and compiled by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to monitor the performance of Mississippi's leisure and entertainment industries, which can inform decisions related to economic development, tourism, and fiscal policy.

Q: Are there update delays or limitations?

A: The data is reported quarterly, so there may be a lag of several months between the end of the reporting period and the public release of the information.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T21 Amusements License for Mississippi (QTAXT21QTAXCAT3MSNO), retrieved from FRED.