State Government Tax Collections, Pari-Mutuels - Selective Sales Taxes in Oregon
ORPARITAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,156.00
Year-over-Year Change
4.71%
Date Range
1/1/1951 - 1/1/2022
Summary
This economic trend measures pari-mutuel (e.g., horse racing) selective sales tax collections by the state government of Oregon. It is an important indicator of economic activity and consumer spending in the state's entertainment and gaming sectors.
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, Pari-Mutuels - Selective Sales Taxes in Oregon' trend tracks revenue from selective sales taxes on pari-mutuel wagering, such as horse racing, in the state of Oregon. This data provides insight into consumer demand and discretionary spending within Oregon's entertainment and gaming markets.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
Pari-mutuel tax collections are closely monitored by policymakers and market analysts to gauge the health of Oregon's entertainment and gaming sectors.
Key Facts
- Oregon collects selective sales taxes on pari-mutuel wagering like horse racing.
- Pari-mutuel tax revenues reflect discretionary consumer spending in the entertainment sector.
- Tax collections data provides insight into the economic health of Oregon's gaming industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures pari-mutuel (e.g., horse racing) selective sales tax collections by the state government of Oregon. It reflects consumer spending and economic activity in the state's entertainment and gaming sectors.
Q: Why is this trend relevant for users or analysts?
A: Pari-mutuel tax collections are an important indicator of discretionary consumer spending and the economic health of Oregon's entertainment and gaming industries. This data is closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of state government tax authorities.
Q: How is this trend used in economic policy?
A: Pari-mutuel tax collections data is used by policymakers and analysts to gauge the performance of Oregon's entertainment and gaming sectors, which have important implications for the state's overall economic conditions and tax revenues.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting and publication of this data by the Census Bureau. Additionally, the data only reflects pari-mutuel selective sales taxes, not total entertainment or gaming industry activity.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Pari-Mutuels - Selective Sales Taxes in Oregon (ORPARITAX), retrieved from FRED.