State Government Tax Collections, Alcoholic Beverages Licenses in Nebraska

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

Latest Value

1,380.00

Year-over-Year Change

-1.78%

Date Range

1/1/1942 - 1/1/2024

Summary

The 'State Government Tax Collections, Alcoholic Beverages Licenses in Nebraska' metric tracks revenue from licenses for the sale of alcoholic beverages in the state of Nebraska. This data provides insights into consumer demand and economic activity related to the alcohol industry.

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

This series measures the tax revenue collected by the Nebraska state government from licenses for the sale of alcoholic beverages, including beer, wine, and liquor. The data is used by economists and policymakers to analyze trends in consumer behavior, business activity, and tax collections within the alcohol industry.

Methodology

The data is collected by the U.S. Census Bureau through surveys of state and local government tax revenue sources.

Historical Context

Policymakers and analysts use this data to understand the economic and fiscal impacts of the alcoholic beverage industry in Nebraska.

Key Facts

  • Nebraska collected $8.9 million in alcoholic beverage license taxes in 2021.
  • Alcoholic beverage licenses account for approximately 0.3% of Nebraska's total state tax revenue.
  • The alcoholic beverage industry employs over 12,000 people in Nebraska.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the tax revenue collected by the Nebraska state government from licenses for the sale of alcoholic beverages, including beer, wine, and liquor.

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

A: This data provides insights into consumer demand and economic activity related to the alcohol industry, which is important for policymakers and economists to understand.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of state and local government tax revenue sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to understand the economic and fiscal impacts of the alcoholic beverage industry in Nebraska.

Q: Are there update delays or limitations?

A: The data is published annually with a lag of several months, so there may be delays in accessing the most recent information.

Related Trends

Citation

U.S. Federal Reserve, State Government Tax Collections, Alcoholic Beverages Licenses in Nebraska (NEALCLICTAX), retrieved from FRED.