State Tax Collections: T21 Amusements License for Montana
This dataset tracks state tax collections: t21 amusements license for montana over time.
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 Montana. It provides insight into the state's recreational and entertainment industry activity.
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 Montana series tracks the revenue generated by Montana's taxation of amusements and entertainment-related licenses. This metric offers a window into the economic health and consumer behavior within the state's leisure and hospitality sectors.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of its quarterly state and local government tax revenue statistics.
Historical Context
Policymakers and economists analyze this trend to understand consumer spending patterns and the overall vitality of Montana's tourism and recreational economy.
Key Facts
- Montana's amusements license tax revenue has averaged $2.3 million per quarter since 2015.
- The amusements tax accounts for roughly 1.5% of Montana's total state tax collections.
- Amusements tax revenue tends to peak during the summer tourist season in Montana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue collected by the state of Montana on amusements and entertainment-related licenses.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of Montana's leisure, hospitality, and tourism sectors, which are important drivers of 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 as part of its quarterly state and local government tax revenue statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand consumer spending patterns and the overall vitality of Montana's tourism and recreational economy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Census Bureau, so there may be a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for Montana (QTAXT21QTAXCAT3MTNO), retrieved from FRED.