State Tax Collections: T11 Amusements Sales Tax for Indiana
QTAXT11QTAXCAT3INNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179.00
Year-over-Year Change
9.82%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures amusements sales tax collections in the state of Indiana. It is an important indicator of consumer spending and state tax 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: T11 Amusements Sales Tax for Indiana tracks the monthly tax revenue collected by the state of Indiana on sales of amusement-related goods and services. This provides insight into consumer demand for entertainment and recreational activities within the state.
Methodology
The data is collected and reported by the Indiana Department of Revenue.
Historical Context
Amusements sales tax revenue is a key input for state budget planning and economic policymaking.
Key Facts
- Indiana's amusements sales tax rate is currently 7%.
- Amusements sales tax revenue supports state funding for parks, tourism, and cultural programs.
- Indiana's amusements sales tax collections have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly sales tax revenue collected by the state of Indiana on amusements-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: Amusements sales tax revenue provides insight into consumer spending patterns and recreational activity within the state, which is valuable for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Indiana Department of Revenue.
Q: How is this trend used in economic policy?
A: Amusements sales tax revenue is an important input for state budget planning and helps inform economic policy decisions around taxation, tourism, and consumer spending.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag.
Related Trends
Poverty Tax Exemptions Under Age 65 for Arizona
PLT65EXMAZ4A647NCEN
State Tax Collections: T01 Property Taxes for Idaho
QTAXT01QTAXCAT3IDNO
Total Tax Exemptions for North Dakota
TOTEXMND38A647NCEN
Age 65 and Over Tax Exemptions for Arkansas
AGEXMAR5A647NCEN
State Tax Collections: T40 Individual Income Taxes for Kentucky
QTAXT40QTAXCAT3KYNO
Median Adjusted Gross Income for Rhode Island
MEDAGIRI44A052NCEN
Citation
U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Indiana (QTAXT11QTAXCAT3INNO), retrieved from FRED.