State Tax Collections: T11 Amusements Sales Tax for Idaho
QTAXT11QTAXCAT3IDNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2013
Summary
This trend measures the amusements sales tax collected by the state of Idaho. It is an important indicator of consumer spending and economic activity in the leisure and entertainment sectors.
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: T11 Amusements Sales Tax for Idaho tracks the revenue generated from sales taxes on admissions, amusements, and recreational activities in the state. This metric provides insight into consumer demand and discretionary spending within Idaho's leisure and tourism industries.
Methodology
The data is collected and published by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Historical Context
Policymakers and economists analyze this trend to gauge the health of Idaho's consumer-facing industries and broader economic conditions.
Key Facts
- Idaho's amusements sales tax revenue totaled $12.3 million in Q4 2022.
- This represents a 5.2% increase from the previous quarter.
- The amusements sales tax accounts for approximately 2.8% of Idaho's total state tax collections.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the revenue generated from sales taxes on admissions, amusements, and recreational activities in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and discretionary spending within Idaho's leisure and tourism industries, which is a key indicator of the state's economic health.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to gauge the performance of Idaho's consumer-facing industries and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, so there may be a delay of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Idaho (QTAXT11QTAXCAT3IDNO), retrieved from FRED.