State Tax Collections: T20 Alcoholic Beverages License for Maryland
QTAXT20QTAXCAT3MDNO • 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 the quarterly tax collections from alcoholic beverages licenses in the state of Maryland. It provides insights into the state's revenue from this specific tax category.
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 Maryland data series tracks the revenue generated by the state of Maryland through taxes on alcoholic beverages licenses. This metric is used by economists and policymakers to analyze Maryland's fiscal health and the performance of this particular revenue stream.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Maryland's tax policies and the overall economic conditions in the state.
Key Facts
- Maryland collected $12.3 million in alcoholic beverages license taxes in Q4 2022.
- Tax collections from this source have increased by 5% year-over-year.
- Alcoholic beverages licenses account for 2.1% of Maryland's total tax revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax collections from alcoholic beverages licenses in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Maryland's revenue from this specific tax category, which is useful for analyzing the state's fiscal health and 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: This trend is relevant for understanding Maryland's tax policies and the overall economic conditions in the state.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of several months before the most recent quarter's information is available.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Maryland (QTAXT20QTAXCAT3MDNO), retrieved from FRED.