State Tax Collections: T12 Insurance Premiums Sales Tax for Wisconsin
This dataset tracks state tax collections: t12 insurance premiums sales tax for wisconsin over time.
Latest Value
71.00
Year-over-Year Change
12.70%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the quarterly tax collections on insurance premiums sales in the state of Wisconsin. It provides insights into the state's tax revenue and economic activity in the insurance industry.
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: T12 Insurance Premiums Sales Tax for Wisconsin tracks the revenue generated by the state's tax on the sale of insurance policies. This data is used by policymakers, economists, and analysts to monitor the health of Wisconsin's insurance market and the state's overall fiscal position.
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
This trend is relevant for understanding the fiscal policies and economic conditions within the state of Wisconsin.
Key Facts
- Wisconsin collects a sales tax on insurance premiums.
- Tax revenue from insurance premiums sales contributes to the state's overall fiscal position.
- This trend can indicate changes in the size and activity of Wisconsin's insurance industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax collections on insurance premiums sales in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health of Wisconsin's insurance market and the state's overall fiscal position, making it relevant for policymakers, economists, and market analysts.
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 use this trend to monitor the fiscal conditions and economic activity within the state of Wisconsin.
Q: Are there update delays or limitations?
A: The data is published quarterly, so there may be a delay of several months before the most recent information is available.
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Citation
U.S. Census Bureau, State Tax Collections: T12 Insurance Premiums Sales Tax for Wisconsin (QTAXT12QTAXCAT3WINO), retrieved from FRED.