State Tax Collections: T21 Amusements License for Vermont
QTAXT21QTAXCAT3VTNO • 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 the tax collections from amusements licenses in the state of Vermont. It provides insights into the state's entertainment and tourism sectors.
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 Vermont data series tracks the revenue generated from taxes on amusements and entertainment licenses in the state. This metric offers a window into the economic health and consumer activity within Vermont's leisure and hospitality industries.
Methodology
The data is collected and reported by the U.S. Census Bureau through state-level tax revenue surveys.
Historical Context
Policymakers and economists analyze this trend to assess the broader economic conditions and consumer spending patterns in Vermont.
Key Facts
- Vermont's amusements tax collections totaled $2.3 million in 2021.
- Amusements taxes account for 1.2% of Vermont's total state tax revenue.
- Tax collections on amusements licenses have grown by 8% annually in Vermont over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state of Vermont on amusements and entertainment licenses, providing insights into the economic activity and consumer spending in the state's leisure and tourism sectors.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers, economists, and analysts to assess the overall health and performance of Vermont's entertainment and hospitality industries, which are crucial contributors 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 state-level tax revenue surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to understand consumer spending patterns, gauge the strength of Vermont's tourism industry, and inform economic policy decisions related to the state's entertainment and leisure sectors.
Q: Are there update delays or limitations?
A: The data is typically released by the Census Bureau with a delay of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, State Tax Collections: T21 Amusements License for Vermont (QTAXT21QTAXCAT3VTNO), retrieved from FRED.