State Tax Collections: T23 Hunting and Fishing License for Louisiana
QTAXT23QTAXCAT3LANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
16.67%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax revenue from hunting and fishing license sales in Louisiana. It provides insight into outdoor recreation activity and wildlife management funding.
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 Louisiana series tracks quarterly tax revenue generated from the sale of hunting and fishing licenses in the state. This data is used by policymakers and economists to analyze trends in outdoor recreation participation and assess the funding available for wildlife conservation efforts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government tax agencies.
Historical Context
This trend is relevant for understanding the economic impact of recreational activities and informing natural resource management policies.
Key Facts
- Louisiana generates over $20 million annually from hunting and fishing license sales.
- Fishing license sales account for the majority of this tax revenue.
- Funds from license fees support state wildlife conservation programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly state tax revenue generated from the sale of hunting and fishing licenses in Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into outdoor recreation activity and the funding available for wildlife management efforts in Louisiana.
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 government tax agencies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to understand the economic impact of recreational activities and inform natural resource management policies.
Q: Are there update delays or limitations?
A: The data is reported quarterly, and there may be some delay in the most recent information being available.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Louisiana (QTAXT23QTAXCAT3LANO), retrieved from FRED.