State Tax Collections: T20 Alcoholic Beverages License for Colorado
QTAXT20QTAXCAT3CONO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend tracks state tax collections from alcoholic beverages licenses in Colorado. It provides insight into the state's alcohol-related tax revenue and economic activity.
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 Colorado metric represents the total tax revenue the state of Colorado collects from licensing fees and taxes on the production, distribution, and sale of alcoholic beverages. This data is used by economists and policymakers to analyze trends in alcohol-related economic activity and tax revenue.
Methodology
The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Historical Context
This trend is relevant for understanding Colorado's fiscal health, consumer spending patterns, and the regulation of the state's alcohol industry.
Key Facts
- Colorado collects over $50 million annually in alcoholic beverage licensing fees and taxes.
- Alcohol tax revenue accounts for approximately 1% of Colorado's total state tax collections.
- The state's alcohol tax rate has remained stable at 8% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total tax revenue collected by the state of Colorado from licensing fees and taxes on the production, distribution, and sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Colorado's alcohol-related economic activity and is used by economists and policymakers to analyze trends in state tax revenue and the regulation of the state's alcohol industry.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Colorado's fiscal health, consumer spending patterns, and the regulation of the state's alcohol industry.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Colorado (QTAXT20QTAXCAT3CONO), retrieved from FRED.