State Tax Collections: T10 Alcoholic Beverages Sales Tax for Montana
QTAXT10QTAXCAT3MTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-8.33%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections from alcoholic beverage sales in Montana. It provides insights into consumer demand and tax revenue from this specific product category.
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 Montana tracks the quarterly tax revenue generated from the sale of alcoholic products within the state. This data point is used by economists and policymakers to analyze consumer spending patterns and evaluate the fiscal impacts of alcohol taxation.
Methodology
The data is collected and reported by the U.S. Census Bureau based on state government tax filings.
Historical Context
Trends in alcoholic beverage sales tax revenue offer valuable context for state budget planning and economic policy discussions.
Key Facts
- Montana collects an excise tax on the sale of alcoholic beverages.
- Alcohol tax revenue accounts for a small but stable portion of the state's total tax intake.
- Sales tax on alcoholic products fluctuates with consumer demand and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue collected by the state of Montana on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: Monitoring alcoholic beverage sales tax revenue provides insights into consumer spending patterns and can inform state budget planning and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on state government tax filings.
Q: How is this trend used in economic policy?
A: Trends in alcoholic beverage sales tax revenue offer valuable context for state budget planning and economic policy discussions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Montana (QTAXT10QTAXCAT3MTNO), retrieved from FRED.