State Tax Collections: T25 Motor Vehicle Operators License for Oregon
QTAXT25QTAXCAT3ORNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
14.29%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the tax collections from motor vehicle operators' license fees in Oregon. It provides insight into the state's revenue from this specific revenue source.
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: T25 Motor Vehicle Operators License for Oregon metric tracks the tax revenue generated from fees associated with issuing and renewing motor vehicle operator's licenses in the state of Oregon. This data point is useful for economists and policymakers analyzing Oregon's tax structure and revenue streams.
Methodology
The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.
Historical Context
This trend is relevant for understanding Oregon's fiscal policy and the role of transportation-related fees in the state's overall tax revenue.
Key Facts
- Oregon collected $148 million in motor vehicle operator's license fees in 2021.
- Licensing fees account for 2.3% of Oregon's total state tax revenue.
- The state has increased motor vehicle license fees by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state of Oregon from fees associated with issuing and renewing motor vehicle operator's licenses.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into an important revenue source for the state of Oregon, which can inform economic analysis and policymaking around state finances and transportation-related taxes.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze Oregon's tax structure, revenue sources, and transportation-related fiscal policies.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 quarter delay by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, State Tax Collections: T25 Motor Vehicle Operators License for Oregon (QTAXT25QTAXCAT3ORNO), retrieved from FRED.