State Tax Collections: T10 Alcoholic Beverages Sales Tax for South Carolina
QTAXT10QTAXCAT3SCNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections from the sales of alcoholic beverages in South Carolina. It provides insight into consumer spending and state government revenue.
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 South Carolina tracks the total tax revenue collected by the state government on the sale of alcoholic products. This data series is used by economists and policymakers to analyze consumer behavior and state fiscal conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government agencies.
Historical Context
This trend is relevant for understanding South Carolina's economic and budgetary performance.
Key Facts
- South Carolina's alcoholic beverages sales tax revenue totaled $47.3 million in 2021.
- The alcoholic beverages sales tax accounts for 1.3% of South Carolina's total state tax collections.
- Alcoholic beverages sales tax revenue has grown by 15% in South Carolina over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the state government of South Carolina on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and state government fiscal conditions in South Carolina.
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 agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze South Carolina's economic performance and budgetary situation.
Q: Are there update delays or limitations?
A: The data is typically updated quarterly with a delay of several months.
Related Trends
State Tax Collections: T22 Corporations in General License for Oklahoma
QTAXT22QTAXCAT3OKNO
State Tax Collections: Total Taxes for Arizona
QTAXTOTALQTAXCAT3AZNO
Individual Income Tax Filing: Excess Advance Premium Tax Credit
EAPMTCA
State Tax Collections: T25 Motor Vehicle Operators License for Alabama
QTAXT25QTAXCAT3ALNO
State Tax Collections: T24 Motor Vehicles License for Wisconsin
QTAXT24QTAXCAT3WINO
State Tax Collections: T16 Tobacco Products Sales Tax for Missouri
QTAXT16QTAXCAT3MONO
Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for South Carolina (QTAXT10QTAXCAT3SCNO), retrieved from FRED.