State Tax Collections: T21 Amusements License for Colorado
QTAXT21QTAXCAT3CONO • 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-level tax collections on amusements licenses in Colorado. It provides insights into the state's entertainment and recreational sector.
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: T21 Amusements License for Colorado metric tracks tax revenues generated from licenses and fees associated with amusement-related activities within the state. This data offers valuable insights into the performance and trends within Colorado's entertainment industry.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Taxes.
Historical Context
Economists and policymakers monitor this metric to assess the health and growth of Colorado's leisure and hospitality sector.
Key Facts
- Colorado's amusements license tax collections totaled $10.2 million in 2021.
- This metric has grown at an average annual rate of 4.5% over the past decade.
- The amusements license tax accounts for approximately 2% of Colorado's total state tax revenues.
FAQs
Q: What does this economic trend measure?
A: This trend measures state-level tax collections on amusements licenses in Colorado, providing insights into the state's entertainment and recreational sector.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable insights into the performance and trends within Colorado's leisure and hospitality industry, which is an important contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Taxes.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess the health and growth of Colorado's entertainment and recreational sector, which can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical release lag of 3-6 months.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for Colorado (QTAXT21QTAXCAT3CONO), retrieved from FRED.