State Government Tax Collections, Public Utilities - Selective Sales Taxes in Montana

MTUTILITAX • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

40,515.00

Year-over-Year Change

-18.55%

Date Range

1/1/1942 - 1/1/2024

Summary

This trend measures state government tax collections from public utilities in Montana, specifically selective sales taxes. It provides insight into the state's revenue sources and economic activity in the utility sector.

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 MTUTILITAX series tracks the tax revenue the state of Montana collects from public utilities through selective sales taxes. This data is used by economists and policymakers to analyze the state's fiscal health, energy consumption patterns, and utility industry performance.

Methodology

The data is collected directly from the state of Montana's tax collection agency.

Historical Context

Utility tax collections are an important indicator of economic conditions and state budgets.

Key Facts

  • Montana collects selective sales taxes on public utilities.
  • Utility tax revenue fluctuates with changes in energy consumption and prices.
  • Utility tax collections are an important source of state government funding.

FAQs

Q: What does this economic trend measure?

A: This trend measures the tax revenue the state of Montana collects from public utilities through selective sales taxes.

Q: Why is this trend relevant for users or analysts?

A: Utility tax collections provide insights into the state's fiscal health, energy consumption patterns, and performance of the utility industry.

Q: How is this data collected or calculated?

A: The data is collected directly from the state of Montana's tax collection agency.

Q: How is this trend used in economic policy?

A: Utility tax collections are an important indicator for economists and policymakers analyzing state budgets and the energy sector.

Q: Are there update delays or limitations?

A: The data is published regularly by the state of Montana with minimal delays.

Related Trends

Citation

U.S. Federal Reserve, State Government Tax Collections, Public Utilities - Selective Sales Taxes in Montana (MTUTILITAX), retrieved from FRED.