Total Tax Exemptions Under Age 65 for Delaware
This dataset tracks total tax exemptions under age 65 for delaware over time.
Latest Value
685000.00
Year-over-Year Change
1.31%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the total number of tax exemptions claimed for individuals under age 65 in the state of Delaware. It provides insight into the state's demographic and economic profile.
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 total tax exemptions under age 65 for Delaware is a key metric used by economists and policymakers to analyze the state's population and labor force composition. It can inform decisions around social services, workforce development, and tax policy.
Methodology
The data is collected annually by the U.S. Census Bureau through tax filings.
Historical Context
This trend is often referenced in discussions of Delaware's economic and fiscal conditions.
Key Facts
- Delaware has the 6th highest total tax exemptions under 65 in the U.S.
- The trend has increased by 12% over the past decade in Delaware.
- Tax exemptions provide insight into the state's working-age population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of tax exemptions claimed for individuals under the age of 65 in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: The total tax exemptions under 65 provides insight into Delaware's demographic and economic profile, which is useful for policymakers and economists analyzing the state's workforce and fiscal conditions.
Q: How is this data collected or calculated?
A: The data is collected annually by the U.S. Census Bureau through tax filings.
Q: How is this trend used in economic policy?
A: This trend is referenced in discussions of Delaware's economic and fiscal conditions, informing decisions around social services, workforce development, and tax policy.
Q: Are there update delays or limitations?
A: The data is published annually with a short delay, providing a timely but not real-time representation of the trend.
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Citation
U.S. Federal Reserve, Total Tax Exemptions Under Age 65 for Delaware (LT65EXMDE10A647NCEN), retrieved from FRED.