State Tax Collections: T24 Motor Vehicles License for Vermont
QTAXT24QTAXCAT3VTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
12.50%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the total state tax collections from motor vehicle license fees in Vermont. It is an important indicator of consumer spending and economic 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
The state tax collections from motor vehicle license fees represent the revenue generated by the state government from fees paid by Vermont residents to register and license their vehicles. This metric provides insight into consumer behavior and transportation-related economic trends.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess the health of Vermont's transportation sector and broader economic conditions.
Key Facts
- Vermont collects motor vehicle license fees as part of its state tax revenue.
- The metric reflects consumer spending on transportation in the state.
- Tax collections from this source can indicate broader economic trends in Vermont.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total state tax collections from motor vehicle license fees in Vermont, providing insight into consumer spending and economic activity in the transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the health of Vermont's transportation sector and broader economic conditions, as it reflects consumer spending on vehicle registration and licensing.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the state of Vermont's transportation sector and broader economic trends, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential revisions by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, State Tax Collections: T24 Motor Vehicles License for Vermont (QTAXT24QTAXCAT3VTNO), retrieved from FRED.