State Government Tax Collections, Alcoholic Beverages Licenses in Delaware
DEALCLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,019.00
Year-over-Year Change
37.82%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures state government tax collections on alcoholic beverage licenses in Delaware. It provides insights into the state's alcohol-related tax revenue and economic activity.
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 in Delaware series tracks the total tax revenue collected by the Delaware state government from licensing fees on the sale of alcoholic beverages. This data is used by economists and policymakers to analyze trends in alcohol consumption, tax policy, and state-level economic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
This economic indicator is relevant for assessing Delaware's alcohol-related tax policies and their impact on state finances and the broader economy.
Key Facts
- Delaware collected $2.4 million in alcoholic beverage license taxes in 2021.
- Alcoholic beverage license taxes account for approximately 0.5% of Delaware's total state tax revenue.
- The alcoholic beverage license tax rate in Delaware is 5% of gross receipts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the Delaware state government from licensing fees on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists and policymakers to analyze trends in alcohol consumption, tax policy, and state-level economic conditions in Delaware.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for assessing Delaware's alcohol-related tax policies and their impact on state finances and the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 3-month delay.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Alcoholic Beverages Licenses in Delaware (DEALCLICTAX), retrieved from FRED.