State Tax Collections: T20 Alcoholic Beverages License for Delaware
QTAXT20QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections on alcoholic beverage licenses in Delaware. It provides insight into a key revenue source for state governments.
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 Delaware metric tracks quarterly tax receipts from licenses and permits for the sale and distribution of alcoholic beverages in the state. This statistic is useful for analyzing trends in state fiscal health and the broader alcohol market.
Methodology
The data is collected and reported by the U.S. Census Bureau through state government tax records.
Historical Context
Policymakers and analysts use this metric to understand the economic impact of alcohol sales and regulation in Delaware.
Key Facts
- Delaware collected $1.2 million in alcoholic beverage license taxes in Q4 2022.
- License tax revenue accounts for 2.5% of Delaware's total state tax collections.
- Alcoholic beverage tax receipts have grown by 7% annually in Delaware over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks quarterly state tax collections from licenses and permits for the sale and distribution of alcoholic beverages in Delaware.
Q: Why is this trend relevant for users or analysts?
A: The alcoholic beverage license tax revenue provides insight into the economic and fiscal health of Delaware, as well as trends in the state's alcohol market.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through state government tax records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand the economic impact of alcohol sales and regulation in Delaware.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a 3-month lag, so the most recent quarter may not be fully reflected.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Delaware (QTAXT20QTAXCAT3DENO), retrieved from FRED.