State Tax Collections: T10 Alcoholic Beverages Sales Tax for Delaware
This dataset tracks state tax collections: t10 alcoholic beverages sales tax for delaware over time.
Latest Value
6.00
Year-over-Year Change
-14.29%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend tracks state tax collections on alcoholic beverage sales in Delaware. It provides insights into consumer spending and state government revenue generation.
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 Delaware measures the tax revenue collected by the state government from the sale of alcoholic beverages. This data point is used by economists and policymakers to analyze consumer behavior, state fiscal conditions, and the impact of tax policies.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government finance.
Historical Context
This trend is relevant for understanding Delaware's tax revenue, economic performance, and policy decisions.
Key Facts
- Delaware collected $52.3 million in alcoholic beverage sales tax in 2021.
- Alcoholic beverage sales tax accounts for 3.2% of Delaware's total tax revenue.
- Delaware's alcoholic beverage sales tax rate is 7%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state of Delaware on the sale of alcoholic beverages, providing insights into consumer spending and state government finances.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Delaware's tax revenue, consumer behavior, and the impact of tax policies on the alcoholic beverage industry.
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 finance.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the fiscal conditions of the state of Delaware and inform policy decisions related to taxation and the alcoholic beverage industry.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Census Bureau, and there may be slight delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Delaware (QTAXT10QTAXCAT3DENO), retrieved from FRED.