State Tax Collections: T15 Public Utilities Sales Tax for Alaska
QTAXT15QTAXCAT3AKNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-50.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend tracks the quarterly state tax collections from the sales tax on public utilities in Alaska. It provides insights into a key revenue source for the state government.
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: T15 Public Utilities Sales Tax for Alaska trend represents the total amount of sales tax revenue collected by the state government from the sale of public utility services, such as electricity, gas, and telecommunications. This metric is an important indicator of economic activity and fiscal health in Alaska.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the fiscal condition of the state and inform budgeting and tax policy decisions.
Key Facts
- Alaska relies heavily on public utility sales tax revenue.
- This trend has shown volatility due to changes in energy prices.
- The data is released quarterly with a 3-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly state tax collections from the sales tax on public utilities in Alaska, such as electricity, gas, and telecommunications services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into a key revenue source for the Alaska state government, which is important for assessing the state's fiscal condition and informing budgeting and tax policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the fiscal condition of the state of Alaska and inform budgeting and tax policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, State Tax Collections: T15 Public Utilities Sales Tax for Alaska (QTAXT15QTAXCAT3AKNO), retrieved from FRED.