State Tax Collections: T10 Alcoholic Beverages Sales Tax for Alaska
QTAXT10QTAXCAT3AKNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
-45.45%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections on alcoholic beverage sales in Alaska. It provides insight into consumer demand and tax revenue in this key 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
The State Tax Collections: T10 Alcoholic Beverages Sales Tax for Alaska measures the total tax revenue received by the state government from the sales of alcoholic beverages. This data offers analysts a window into consumer spending patterns and the fiscal impacts of alcohol-related taxation.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers use this trend to assess the health of Alaska's alcohol industry and its contribution to state budgets.
Key Facts
- Alaska has some of the highest alcohol taxes in the U.S.
- Alcoholic beverage sales are a significant source of state tax revenue.
- Tax collections on alcohol can fluctuate with changes in consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the state of Alaska on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending and tax revenue in Alaska's alcohol industry, which is important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the fiscal impacts of alcohol-related taxation and monitor the health of the alcohol industry in Alaska.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and availability from the Census Bureau.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Alaska (QTAXT10QTAXCAT3AKNO), retrieved from FRED.