State Government Tax Collections, Occupation and Business Licenses in Delaware
DEBUSLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152,117.00
Year-over-Year Change
-59.41%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures state government tax collections from occupation and business licenses in Delaware. It provides insights into the state's business and economic environment.
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, Occupation and Business Licenses in Delaware' series tracks the revenue generated by Delaware's state government through taxes on occupational and business licenses. This data is used by economists and policymakers to analyze the state's business climate and regulatory environment.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Delaware's economic and fiscal conditions.
Key Facts
- Delaware's state government collected $111 million in occupation and business license taxes in 2020.
- This revenue source accounts for approximately 3% of Delaware's total state tax collections.
- Occupation and business license taxes have remained a stable source of revenue for Delaware over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the Delaware state government from occupation and business licenses.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Delaware's business climate and regulatory environment, which is useful for economists, policymakers, and businesses operating in the state.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to understand Delaware's fiscal conditions and the state's regulatory approach to businesses and occupations.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Occupation and Business Licenses in Delaware (DEBUSLICTAX), retrieved from FRED.