State Government Tax Collections, Amusements - Selective Sales Taxes in Pennsylvania
PAAMUSTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,279,809.00
Year-over-Year Change
52.02%
Date Range
1/1/1951 - 1/1/2024
Summary
This economic trend measures selective sales tax collections on amusements by the state government of Pennsylvania. It provides insights into consumer spending patterns and tax revenue for policymakers.
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, Amusements - Selective Sales Taxes in Pennsylvania series tracks the monthly revenue collected by the Pennsylvania state government from sales taxes on amusement-related activities. This data is used to analyze consumer spending trends and inform fiscal policy decisions.
Methodology
The data is collected through the U.S. Census Bureau's Quarterly Summary of State and Local Government Tax Revenue program.
Historical Context
This economic indicator is relevant for understanding Pennsylvania's fiscal health and the state's tax policies.
Key Facts
- Pennsylvania collects selective sales taxes on amusement activities.
- Amusement tax collections provide insights into consumer spending patterns.
- Amusement tax data informs state fiscal policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly tax revenue collected by the Pennsylvania state government from selective sales taxes on amusement-related activities.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending patterns and is used to inform fiscal policy decisions by Pennsylvania policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Quarterly Summary of State and Local Government Tax Revenue program.
Q: How is this trend used in economic policy?
A: Policymakers in Pennsylvania use this data to analyze the state's fiscal health and inform tax policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not fully capture the most recent economic conditions.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Amusements - Selective Sales Taxes in Pennsylvania (PAAMUSTAX), retrieved from FRED.