State Tax Collections: T21 Amusements License for North Carolina
This dataset tracks state tax collections: t21 amusements license for north carolina over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 4/1/2024
Summary
This economic trend measures state tax collections from amusements license revenues in North Carolina. It provides insight into consumer activity and state fiscal health.
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 North Carolina metric tracks the tax revenue generated by licenses and fees for various entertainment and recreational activities within the state. This data point offers economists and policymakers a window into consumer spending patterns and the overall fiscal landscape.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
Amusements license tax revenue is a key indicator used to assess the strength of North Carolina's tourism industry and broader economic conditions.
Key Facts
- North Carolina collects amusements license tax revenue quarterly.
- This metric tracks consumer spending on recreational activities.
- Amusements license taxes are an important source of state fiscal revenue.
FAQs
Q: What does this economic trend measure?
A: This metric measures the tax revenue generated by licenses and fees for various entertainment and recreational activities in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer spending patterns and the overall fiscal health of North Carolina, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Amusements license tax revenue is used to assess the strength of North Carolina's tourism industry and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a several-month delay in the most recent figures.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for North Carolina (QTAXT21QTAXCAT3NCNO), retrieved from FRED.