State Tax Collections: T23 Hunting and Fishing License for Alabama
QTAXT23QTAXCAT3ALNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
20.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend tracks state tax collections from hunting and fishing license fees in Alabama. It provides insights into recreational activities and related revenue streams within the state.
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: T23 Hunting and Fishing License for Alabama series measures the tax revenue generated from the sale of hunting and fishing licenses in the state. This data point is useful for analyzing trends in outdoor recreation, wildlife management, and associated fiscal policies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state and local government tax agencies.
Historical Context
Policymakers and wildlife agencies utilize this information to inform decisions related to conservation, recreational access, and budgeting.
Key Facts
- Alabama charges a state tax on hunting and fishing licenses.
- Hunting and fishing are popular recreational activities in Alabama.
- Tax revenue from licenses supports wildlife conservation efforts.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the state tax revenue generated from the sale of hunting and fishing licenses in Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into outdoor recreation and wildlife management activities within the state, which is useful for policymakers and agencies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state and local government tax agencies.
Q: How is this trend used in economic policy?
A: Policymakers and wildlife agencies use this information to inform decisions related to conservation, recreational access, and budgeting.
Q: Are there update delays or limitations?
A: The data is subject to the timely reporting of information by state and local government agencies.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Alabama (QTAXT23QTAXCAT3ALNO), retrieved from FRED.