State Tax Collections: T15 Public Utilities Sales Tax for Missouri
QTAXT15QTAXCAT3MONO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures public utilities sales tax collections in the state of Missouri. It provides insight into consumer demand and economic conditions 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: T15 Public Utilities Sales Tax for Missouri series tracks the total sales tax revenue generated from public utilities transactions in the state. This metric serves as an indicator of consumer and business activity related to electricity, gas, water, and other utility services.
Methodology
The data is collected directly from state tax revenue reports.
Historical Context
This trend is used by economists and policymakers to monitor the health of Missouri's consumer economy and tax base.
Key Facts
- Missouri's public utilities sales tax collections totaled $1.2 billion in 2021.
- This tax accounts for around 12% of Missouri's total sales tax revenue.
- Utilities sales tax revenue has grown by 8% on average over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total sales tax revenue collected by the state of Missouri from public utilities transactions, including electricity, gas, water, and other utility services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand and economic conditions in Missouri, as utilities spending is closely tied to overall business and household activity in the state.
Q: How is this data collected or calculated?
A: The data is collected directly from state tax revenue reports.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the health of Missouri's consumer economy and tax base, which informs decision-making around fiscal policy, budgeting, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-3 month lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, State Tax Collections: T15 Public Utilities Sales Tax for Missouri (QTAXT15QTAXCAT3MONO), retrieved from FRED.