State Tax Collections: T09 General Sales and Gross Receipts Taxes for Delaware
QTAXT09QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2013
Summary
This trend measures general sales and gross receipts tax collections for the state of Delaware. It is an important indicator of consumer spending and economic activity within 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 Tax Collections: T09 General Sales and Gross Receipts Taxes for Delaware series tracks the total revenue generated by sales and gross receipts taxes levied by the Delaware state government. This data is widely used by economists and policymakers to analyze consumer demand, business performance, and the overall fiscal health of the state.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state-level tax authorities.
Historical Context
Policymakers and analysts use this trend to inform decisions about state budgets, tax policy, and economic development initiatives.
Key Facts
- Delaware has no state sales tax, but does levy a gross receipts tax.
- General sales and gross receipts taxes account for about 40% of Delaware's total state tax revenue.
- This trend shows seasonal fluctuations due to changes in consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue collected by the state of Delaware through general sales and gross receipts taxes.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending, business activity, and the overall fiscal health of the state of Delaware.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Delaware's state-level tax authorities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decisions about state budgets, tax policy, and economic development initiatives in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a delay of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, State Tax Collections: T09 General Sales and Gross Receipts Taxes for Delaware (QTAXT09QTAXCAT3DENO), retrieved from FRED.