State Government Tax Collections, Hunting and Fishing Licenses in Arizona

AZHUNTLICTAX • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

44,470.00

Year-over-Year Change

51.99%

Date Range

1/1/1942 - 1/1/2024

Summary

This trend measures state government tax collections from hunting and fishing licenses in Arizona. It provides insights into outdoor recreation and wildlife management funding 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 Government Tax Collections, Hunting and Fishing Licenses in Arizona trend tracks tax revenue generated from the sale of hunting and fishing licenses by the Arizona state government. This data is used to understand trends in outdoor recreation participation and funding for wildlife conservation programs.

Methodology

The data is collected through administrative records of state tax revenue from hunting and fishing license sales.

Historical Context

This trend is relevant for policymakers and wildlife managers to evaluate funding sources for state conservation efforts.

Key Facts

  • Arizona generates over $50 million annually from hunting and fishing license sales.
  • Hunting and fishing license fees fund around 75% of the Arizona Game and Fish Department's budget.
  • Arizona is home to over 300,000 licensed hunters and 400,000 licensed anglers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the tax revenue collected by the Arizona state government from the sale of hunting and fishing licenses.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into outdoor recreation participation and funding for wildlife conservation programs in Arizona.

Q: How is this data collected or calculated?

A: The data is collected through administrative records of state tax revenue from hunting and fishing license sales.

Q: How is this trend used in economic policy?

A: This trend is relevant for policymakers and wildlife managers to evaluate funding sources for state conservation efforts.

Q: Are there update delays or limitations?

A: The data is updated regularly by the U.S. Federal Reserve and may be subject to minor revisions over time.

Related Trends

Citation

U.S. Federal Reserve, State Government Tax Collections, Hunting and Fishing Licenses in Arizona (AZHUNTLICTAX), retrieved from FRED.