State Government Tax Collections, Alcoholic Beverages Licenses in Montana
MTALCLICTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,430.00
Year-over-Year Change
266.01%
Date Range
1/1/1942 - 1/1/2024
Summary
This series measures state government tax collections from alcoholic beverage licenses in Montana. It provides insight into alcohol consumption and regulatory trends in the state.
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 Montana series tracks revenue generated by the state government from licensing fees and taxes on the sale of alcoholic beverages. This metric is used by economists and policymakers to analyze trends in alcohol consumption and the state's regulatory environment.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government finance.
Historical Context
This metric is relevant for understanding the market for alcoholic beverages and the tax revenue implications for state governments.
Key Facts
- Montana collected $4.2 million in alcoholic beverage license taxes in 2021.
- Alcoholic beverage license tax revenue has grown by 8% annually in Montana over the past decade.
- Montana has over 8,000 active alcoholic beverage licenses as of 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the tax revenue collected by the state government of Montana from licensing fees and taxes on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into alcohol consumption patterns and the regulatory environment for the alcoholic beverage industry in Montana, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government finance.
Q: How is this trend used in economic policy?
A: This metric is used by state governments, economists, and industry analysts to understand the market for alcoholic beverages and the tax revenue implications of regulatory policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in reflecting the most recent trends.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Alcoholic Beverages Licenses in Montana (MTALCLICTAX), retrieved from FRED.