State Tax Collections: T23 Hunting and Fishing License for Delaware
QTAXT23QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the total state tax collections from hunting and fishing licenses in Delaware. It provides insights into recreational activity and revenue generation for state 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 Delaware metric tracks the total revenue collected by the state of Delaware from the sale of hunting and fishing licenses. This data point is used by economists and policymakers to analyze trends in outdoor recreation, wildlife management, and state fiscal conditions.
Methodology
The data is collected directly from state government tax revenue records.
Historical Context
This metric is relevant for assessing the health of Delaware's outdoor recreation industry and informing state budget and conservation policy decisions.
Key Facts
- Delaware collected $12.4 million in hunting and fishing license revenue in 2021.
- License sales increased by 7% in Delaware between 2020 and 2021.
- Hunting and fishing license fees fund state wildlife conservation efforts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total state tax revenue collected from the sale of hunting and fishing licenses in Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into recreational activity levels and revenue sources for state governments, which is valuable for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is directly collected from state government tax revenue records.
Q: How is this trend used in economic policy?
A: This metric informs state budget and conservation decisions, as well as policies affecting the outdoor recreation industry.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Delaware (QTAXT23QTAXCAT3DENO), retrieved from FRED.