State Government Tax Collections, Alcoholic Beverages Licenses in the United States
USALCLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
854,645.00
Year-over-Year Change
86.14%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures state government tax collections from alcoholic beverage licenses in the United States. It provides insight into the regulatory and fiscal environment for the alcohol industry at the state level.
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 Government Tax Collections, Alcoholic Beverages Licenses data series tracks the total tax revenue collected by U.S. state governments from licenses and fees related to the sale and distribution of alcoholic beverages. This metric is used by policymakers and analysts to monitor the fiscal impact of alcohol-related regulations and activities.
Methodology
The data is collected through state government financial reporting and compiled by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the role of alcohol taxation and regulation in state budgets and economic policies.
Key Facts
- Tax revenue from alcoholic beverage licenses can make up a significant portion of some state budgets.
- Alcohol taxation is used by states to regulate consumption and generate revenue.
- Licensing fees and taxes impact the operating costs and profitability of the alcohol industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by U.S. state governments from licenses and fees related to the sale and distribution of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal and regulatory environment for the alcohol industry at the state level, which is important for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through state government financial reporting and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to monitor the role of alcohol taxation and regulation in state budgets and economic policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methods of state governments, which can result in update lags or inconsistencies across states.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Alcoholic Beverages Licenses in the United States (USALCLICTAX), retrieved from FRED.