State Government Tax Collections, Amusements Licenses in Delaware
DEAMSLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
437.00
Year-over-Year Change
8.71%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections from amusements licenses in Delaware. It provides insight into recreational and entertainment activity within the state, which is relevant for policymakers and economic analysts.
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, Amusements Licenses in Delaware series tracks the tax revenue generated by licenses and fees for amusement-related activities, such as movie theaters, concerts, and other recreational events. This metric helps monitor trends in consumer spending and the overall health of Delaware's entertainment industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government finances.
Historical Context
This economic indicator is used by policymakers, market analysts, and researchers to assess economic conditions and consumer behavior in Delaware.
Key Facts
- Delaware collected $7.2 million in amusements licenses taxes in 2021.
- Amusements licenses taxes account for approximately 0.5% of Delaware's total state tax revenue.
- The amusements licenses tax rate in Delaware is 8% of gross receipts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state government of Delaware from licenses and fees related to amusement activities, such as movie theaters, concerts, and other recreational events.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending and the overall health of Delaware's entertainment industry, which is useful for policymakers, market analysts, and researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government finances.
Q: How is this trend used in economic policy?
A: Policymakers, market analysts, and researchers use this indicator to assess economic conditions and consumer behavior in Delaware.
Q: Are there update delays or limitations?
A: The data is published annually by the U.S. Census Bureau, so there may be a delay of several months before the most recent year's information is available.
Related Trends
Chain-Type Quantity Index for Real GDP: Agriculture, Forestry, Fishing and Hunting (11) in Delaware
DEAGRQQGSP
Average Weekly Earnings of All Employees: Professional and Business Services in Delaware
SMU10000006000000011A
Real Gross Domestic Product: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Delaware
DEMISCPRORGSP
All Employees: Manufacturing in Delaware
DEMFG
Professional and Technical Services Earnings in Delaware
DEEPRO
Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Delaware
DEMINEXOILGASQGSP
Citation
U.S. Federal Reserve, State Government Tax Collections, Amusements Licenses in Delaware (DEAMSLICTAX), retrieved from FRED.