State Tax Collections: T11 Amusements Sales Tax for Montana
QTAXT11QTAXCAT3MTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
10.53%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures Montana's amusements sales tax collections, providing insight into consumer spending on entertainment and recreational activities in the state.
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 Montana series tracks the total revenue generated from the sales tax levied on amusement-related goods and services in the state. This metric serves as an indicator of consumer demand and economic activity in Montana's leisure and hospitality sectors.
Methodology
The data is collected and reported by the U.S. Census Bureau based on tax filings from Montana state and local government agencies.
Historical Context
Analysts and policymakers monitor this trend to assess the health of Montana's consumer-driven industries and make informed decisions about economic and fiscal policies.
Key Facts
- Montana's amusements sales tax revenue totaled $17.4 million in 2021.
- The amusements sales tax accounts for approximately 2.5% of Montana's total sales tax collections.
- Amusements sales tax revenue in Montana has grown by an average of 4.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated from the sales tax levied on amusement-related goods and services in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer spending on entertainment and recreational activities in Montana, serving as an indicator of economic activity in the state's leisure and hospitality sectors.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on tax filings from Montana state and local government agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to assess the health of Montana's consumer-driven industries and make informed decisions about economic and fiscal policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with a lag of several months between the reporting period and the release of the latest figures.
Related Trends
State Tax Collections: T27 Public Utilities License for Georgia
QTAXT27QTAXCAT3GANO
State Tax Collections: T23 Hunting and Fishing License for Virginia
QTAXT23QTAXCAT3VANO
State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for New York
QTAXT19QTAXCAT3NYNO
State Tax Collections: T23 Hunting and Fishing License for North Carolina
QTAXT23QTAXCAT3NCNO
State Tax Collections: T16 Tobacco Products Sales Tax for Maine
QTAXT16QTAXCAT3MENO
Age 65 and Over Tax Exemptions for California
AGEXMCA6A647NCEN
Citation
U.S. Federal Reserve, State Tax Collections: T11 Amusements Sales Tax for Montana (QTAXT11QTAXCAT3MTNO), retrieved from FRED.