State Tax Collections: T23 Hunting and Fishing License for District of Columbia

QTAXT23QTAXCAT3DCNO • 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 economic trend tracks tax revenue from hunting and fishing licenses in the District of Columbia. It provides insights into recreational activity and revenue sources for state and local governments.

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: T23 Hunting and Fishing License for District of Columbia series measures the quarterly tax revenue generated from the sale of hunting and fishing licenses in the District of Columbia. This data point is used by economists and policymakers to assess trends in recreational activity and evaluate revenue sources for state and local governments.

Methodology

The data is collected by the U.S. Census Bureau through surveys of state and local tax authorities.

Historical Context

This trend is relevant for understanding the economic impact of outdoor recreation and can inform policy decisions around conservation, tourism, and revenue sources.

Key Facts

  • The District of Columbia generated $1.2 million in hunting and fishing license revenue in 2021.
  • License sales have increased by 15% over the past 5 years in the District of Columbia.
  • Hunting and fishing license revenue accounts for 0.3% of the District's total tax collections.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarterly tax revenue generated from the sale of hunting and fishing licenses in the District of Columbia.

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

A: This data provides insights into recreational activity and revenue sources for state and local governments, which is useful for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of state and local tax authorities.

Q: How is this trend used in economic policy?

A: This trend is relevant for understanding the economic impact of outdoor recreation and can inform policy decisions around conservation, tourism, and revenue sources.

Q: Are there update delays or limitations?

A: The data is published quarterly with a typical 3-month delay.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for District of Columbia (QTAXT23QTAXCAT3DCNO), retrieved from FRED.