State Tax Collections: T21 Amusements License for North Dakota
This dataset tracks state tax collections: t21 amusements license for north dakota over time.
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This trend measures quarterly tax collections from amusements licenses in North Dakota. It provides insights into the state's entertainment and recreation industry.
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 Dakota series tracks quarterly tax revenue generated from licenses related to amusement activities in the state. This metric offers economists and policymakers visibility into the performance and growth of North Dakota's entertainment and leisure sectors.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state tax authorities.
Historical Context
Amusements tax revenue can indicate consumer spending patterns and the overall strength of the state's tourism and recreational economy.
Key Facts
- North Dakota collects taxes on amusement licenses and admissions.
- Amusements taxes account for a small but meaningful portion of the state's total tax revenue.
- Tax collections from this source can fluctuate with changes in consumer spending and tourism.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly tax collections from amusements licenses in the state of North Dakota, providing insight into the performance of the state's entertainment and recreation industry.
Q: Why is this trend relevant for users or analysts?
A: Amusements tax revenue can indicate consumer spending patterns and the overall strength of North Dakota's tourism and recreational economy, which is useful information for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state tax authorities.
Q: How is this trend used in economic policy?
A: Amusements tax revenue is used by economists and state officials to monitor the performance of North Dakota's entertainment and leisure sectors, which can inform policy decisions related to tourism, consumer spending, and economic development.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of this data, as it is collected and compiled by state and federal agencies.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for North Dakota (QTAXT21QTAXCAT3NDNO), retrieved from FRED.