State Tax Collections: T10 Alcoholic Beverages Sales Tax for District of Columbia
QTAXT10QTAXCAT3DCNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T10 Alcoholic Beverages Sales Tax for District of Columbia' series measures the quarterly tax revenue from alcoholic beverage sales in Washington, D.C. This metric is a key indicator of consumer demand and spending patterns in the District's alcohol market.
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 data series tracks the total tax revenue collected by the government of the District of Columbia from the sale of alcoholic beverages within its jurisdiction. The alcoholic beverage sales tax is an important source of state and local government funding and provides insight into consumer purchasing behavior.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the economic health of the District's alcohol industry and evaluate the impact of regulatory changes.
Key Facts
- Washington, D.C. collects an alcoholic beverage sales tax.
- Quarterly tax revenue on alcohol sales totaled $XX.XX million in the most recent period.
- The District's alcoholic beverage sales tax rate is currently X.XX%.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly tax revenue collected by the District of Columbia government on the sale of alcoholic beverages within its jurisdiction.
Q: Why is this trend relevant for users or analysts?
A: The alcoholic beverage sales tax is an important revenue source for state and local governments, and this metric provides insight into consumer demand and spending patterns in the District's alcohol market.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the economic health of the District's alcohol industry and evaluate the impact of regulatory changes.
Q: Are there update delays or limitations?
A: There may be a delay of several months between the end of the reporting quarter and the public release of the data.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for District of Columbia (QTAXT10QTAXCAT3DCNO), retrieved from FRED.