State Government Tax Collections, Public Utilities - Selective Sales Taxes in Arizona
AZUTILITAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,181.00
Year-over-Year Change
3.95%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic indicator tracks state government tax collections on public utilities and selective sales taxes in Arizona. It provides insights into Arizona's public finance and utility market trends.
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 - Selective Sales Taxes in Arizona series measures tax revenue collected by the Arizona state government from public utility providers and selective sales. This data is used by economists and policymakers to analyze Arizona's fiscal health, utility industry activity, and tax policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government finances.
Historical Context
This metric is relevant for understanding Arizona's tax policies, public revenue sources, and utility market conditions.
Key Facts
- Arizona collected $302 million in public utility taxes in 2021.
- Utility taxes account for approximately 2% of Arizona's total state tax revenue.
- Tax collections on public utilities have grown by 25% in Arizona over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the tax revenue collected by the Arizona state government from public utility providers and selective sales taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Arizona's fiscal health, utility industry activity, and tax policy, which are important for economists, policymakers, and market analysts.
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: This metric is used by economists and policymakers to analyze Arizona's tax policies, public revenue sources, and utility market conditions, which inform economic and regulatory decision-making.
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, and may be subject to revisions.
Related Trends
Real Gross Domestic Product: Management of Companies and Enterprises (55) in Arizona
AZMNGCOENTPRRQGSP
Average Hourly Earnings of All Employees: Other Services in Arizona
SMU04000008000000003
Construction Earnings in Arizona
AZECON
Real Gross Domestic Product: Plastics and Rubber Products Manufacturing (326) in Arizona
AZPLASRUBMANRGSP
Estimated Percent of People of All Ages in Poverty for Arizona
PPAAAZ04000A156NCEN
Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for Arizona
AZPCEHCE
Citation
U.S. Federal Reserve, State Government Tax Collections, Public Utilities - Selective Sales Taxes in Arizona (AZUTILITAX), retrieved from FRED.