State Tax Collections: T20 Alcoholic Beverages License for Utah
QTAXT20QTAXCAT3UTNO • 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 beverages licenses in Utah. It provides insight into alcohol-related economic activity and state government 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 Utah data series tracks the revenue the state of Utah collects from licenses related to the sale and distribution of alcoholic beverages. This metric is used by economists and policymakers to analyze trends in the state's alcohol-related commerce and assess the fiscal impact on government budgets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government revenue sources.
Historical Context
Policymakers and industry analysts monitor this data to understand the economic and fiscal dynamics of Utah's alcohol market.
Key Facts
- Utah collects over $20 million annually from alcoholic beverage licenses.
- Alcohol-related tax revenue accounts for 2% of Utah's total state tax collections.
- Utah has some of the strictest alcohol laws and regulations in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue the state of Utah collects from licenses related to the sale and distribution of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into alcohol-related economic activity and government revenue in Utah, which is relevant for policymakers and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state and local government revenue sources.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this data to understand the economic and fiscal dynamics of Utah's alcohol market.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, providing timely insights into Utah's alcohol-related tax collections.
Related Trends
Average Hourly Earnings of All Employees: Leisure and Hospitality in Utah
SMU49000007000000003
All Employees: Manufacturing: Durable Goods in Utah
SMU49000003100000001
All Employees: Government: Federal Government in Utah
SMS49000009091000001
Health Care and Social Assistance Wages and Salaries in Utah
UTWHEA
Real Gross Domestic Product: Water Transportation (483) in Utah
UTWATTRANRGSP
Regional Price Parities: All Items: Metropolitan Portion for Utah
UTMPRPPALL
Citation
U.S. Federal Reserve, State Tax Collections: T20 Alcoholic Beverages License for Utah (QTAXT20QTAXCAT3UTNO), retrieved from FRED.