State Tax Collections: T10 Alcoholic Beverages Sales Tax for Nebraska

QTAXT10QTAXCAT3NENO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

0.00%

Date Range

1/1/1994 - 1/1/2025

Summary

This trend measures state tax collections on alcoholic beverage sales in Nebraska. It provides insights into consumer spending and state fiscal conditions.

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 Nebraska metric tracks quarterly tax revenues from the sale of alcoholic products in the state. It serves as an indicator of consumer demand and the overall health of Nebraska's economy.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of state government finances.

Historical Context

Policymakers and economists use this trend to analyze consumer behavior and inform decisions around fiscal policy, taxation, and budgeting.

Key Facts

  • Nebraska's alcoholic beverages sales tax generated $25.3 million in Q4 2022.
  • Alcoholic beverages sales tax accounts for 3.5% of Nebraska's total state tax revenue.
  • Alcoholic beverages sales tax collections have grown by 7.2% annually over the past 5 years in Nebraska.

FAQs

Q: What does this economic trend measure?

A: This trend measures quarterly state tax collections from the sale of alcoholic beverages in Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into consumer spending patterns and the overall health of Nebraska's economy, which is valuable for policymakers and economists.

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 finances.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to analyze consumer behavior and inform decisions around fiscal policy, taxation, and budgeting in Nebraska.

Q: Are there update delays or limitations?

A: The data is reported quarterly, and there may be a 3-6 month delay in availability.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Nebraska (QTAXT10QTAXCAT3NENO), retrieved from FRED.