State Tax Collections: T23 Hunting and Fishing License for Washington
QTAXT23QTAXCAT3WANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T23 Hunting and Fishing License for Washington' trend measures revenue from hunting and fishing license fees collected by the state of Washington.
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 the quarterly tax revenue from the sale of hunting and fishing licenses in the state of Washington. It is an important indicator of recreational activity and wildlife management funding in the state.
Methodology
The data is collected by the U.S. Census Bureau from state government reports.
Historical Context
Policymakers and wildlife agencies use this data to monitor outdoor recreation trends and allocate resources for conservation efforts.
Key Facts
- Washington collected $36.5 million in hunting and fishing license fees in 2021.
- License sales generate over 60% of funding for wildlife management in Washington.
- Recreational fishing has a $1.1 billion annual economic impact in Washington.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue from the sale of hunting and fishing licenses in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This data is an important indicator of outdoor recreation activity and wildlife management funding in Washington.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from state government reports.
Q: How is this trend used in economic policy?
A: Policymakers and wildlife agencies use this data to monitor recreational trends and allocate resources for conservation efforts.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a typical 2-3 month lag.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Washington (QTAXT23QTAXCAT3WANO), retrieved from FRED.