State Government Tax Collections, Public Utilities Licenses in Arkansas
ARUTILLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,438.00
Year-over-Year Change
-5.76%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections on public utilities licenses in Arkansas. It provides insights into the revenue generation and economic activity in the state's utility sector.
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, Public Utilities Licenses in Arkansas trend tracks the tax revenue collected by the Arkansas state government from licenses and fees related to public utilities. This data is used by economists and policymakers to analyze the financial health and regulatory environment of the state's utility industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government finances.
Historical Context
This trend is relevant for understanding the broader economic and fiscal conditions in Arkansas, as public utility tax revenue is an important component of the state's overall tax base.
Key Facts
- Arkansas collects taxes on public utilities licenses.
- Utility tax revenue is a significant source of state government income.
- This trend has shown moderate growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the Arkansas state government from licenses and fees related to public utilities, such as electricity, natural gas, water, and telecommunications providers.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial health and regulatory environment of Arkansas's utility industry, which is an important component of the state's overall economy and tax base.
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 finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial conditions and regulatory landscape of Arkansas's utility sector, which can inform decisions about taxation, infrastructure investment, and utility-related policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. Additionally, the trend may not capture all utility-related tax revenue collected at the local level within Arkansas.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Public Utilities Licenses in Arkansas (ARUTILLICTAX), retrieved from FRED.