State Tax Collections: T20 Alcoholic Beverages License for Arkansas
QTAXT20QTAXCAT3ARNO • 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 trend measures state tax collections from alcoholic beverage license fees in Arkansas. It provides insight into the economic activity and taxation of the state's alcohol 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: T20 Alcoholic Beverages License for Arkansas trend tracks the revenue generated by the state government from licensing fees for the sale and distribution of alcoholic beverages. This data point is used by economists and policymakers to analyze trends in the alcohol market and assess the fiscal impact of state-level alcohol taxation.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of their Quarterly State and Local Government Tax Revenue survey.
Historical Context
This trend is relevant for understanding the economic and regulatory environment of Arkansas' alcohol industry and can inform policy decisions related to state tax and licensing structures.
Key Facts
- Arkansas collected over $5 million in alcoholic beverage license fees in 2021.
- Alcoholic beverage taxes account for approximately 2% of Arkansas' total state tax revenue.
- The number of active alcohol licenses in Arkansas has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue collected by the state government of Arkansas from licensing fees for the sale and distribution of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the economic activity and taxation of Arkansas' alcohol industry, which is relevant for understanding the state's fiscal environment and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau as part of their Quarterly State and Local Government Tax Revenue survey.
Q: How is this trend used in economic policy?
A: This trend can be used by economists and policymakers to analyze trends in the alcohol market and assess the fiscal impact of state-level alcohol taxation in Arkansas.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a typical lag of 3-6 months between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Arkansas (QTAXT20QTAXCAT3ARNO), retrieved from FRED.