State Tax Collections: T20 Alcoholic Beverages License for Ohio
QTAXT20QTAXCAT3OHNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections from alcoholic beverages licenses in Ohio, providing insight into the state's alcohol-related tax revenue.
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 Ohio data series tracks the quarterly tax revenue generated by the licensing of alcoholic beverage sales in the state. This metric is used by economists and policymakers to analyze Ohio's alcohol-related fiscal policies and their impact on state finances.
Methodology
The data is collected by the U.S. Census Bureau through state government reporting.
Historical Context
This trend is relevant for understanding Ohio's alcohol taxation and regulatory environment.
Key Facts
- Ohio's alcoholic beverages license tax collections were $26.3 million in Q4 2022.
- This trend has shown moderate growth over the past decade.
- Alcoholic beverages license taxes account for around 1% of Ohio's total state tax revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue generated by the licensing of alcoholic beverage sales in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Ohio's alcohol-related fiscal policies and their impact on state finances, which is relevant for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through state government reporting.
Q: How is this trend used in economic policy?
A: This trend is used to understand Ohio's alcohol taxation and regulatory environment, which can inform policy decisions related to public revenue and alcohol control.
Q: Are there update delays or limitations?
A: The data is released quarterly, so there may be a short delay in the most recent information.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Ohio (QTAXT20QTAXCAT3OHNO), retrieved from FRED.