State Tax Collections: T20 Alcoholic Beverages License for Rhode Island
QTAXT20QTAXCAT3RINO • 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 state tax collections from alcoholic beverage license fees in Rhode Island. It provides insights into the state's alcohol industry and regulatory environment.
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 Rhode Island series tracks the quarterly tax revenue generated from licensing fees for the production, distribution, and sale of alcoholic beverages in the state. This data point is useful for analyzing the economic activity and policy implications of the alcohol industry.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government revenue sources.
Historical Context
This trend can inform state-level policy decisions related to alcohol regulation, taxation, and economic development.
Key Facts
- Rhode Island collects over $10 million annually in alcoholic beverage licensing fees.
- The state's liquor laws have undergone significant reform in recent years.
- Alcohol tax revenue accounts for a small but important portion of Rhode Island's overall tax base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue collected by the state of Rhode Island from licensing fees for the production, distribution, and sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the economic activity and regulatory environment of Rhode Island's alcohol industry, which can inform policy decisions related to taxation, licensing, and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government revenue sources.
Q: How is this trend used in economic policy?
A: This trend can inform state-level policy decisions related to alcohol regulation, taxation, and economic development.
Q: Are there update delays or limitations?
A: The data is updated quarterly, but there may be some delays in reporting by the state government.
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Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Rhode Island (QTAXT20QTAXCAT3RINO), retrieved from FRED.