State Tax Collections: T23 Hunting and Fishing License for Kentucky
QTAXT23QTAXCAT3KYNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures revenue from hunting and fishing license sales in the state of Kentucky. It provides insights into recreational activity and wildlife management funding.
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 Kentucky series tracks quarterly revenue generated from the sale of hunting and fishing licenses in the state. This data is used by policymakers and wildlife agencies to understand participation in outdoor recreation and manage conservation programs.
Methodology
The data is collected directly from the Kentucky Department of Fish and Wildlife Resources.
Historical Context
Hunting and fishing license sales are an important source of funding for state wildlife agencies and conservation efforts.
Key Facts
- Kentucky collected $15.3 million in hunting and fishing license revenue in 2021.
- License sales fund 75% of the Kentucky Department of Fish and Wildlife Resources' budget.
- Hunting and fishing participation rates in Kentucky are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly revenue from the sale of hunting and fishing licenses in the state of Kentucky.
Q: Why is this trend relevant for users or analysts?
A: Hunting and fishing license sales provide crucial funding for state wildlife agencies and conservation programs, making this data relevant for policymakers and outdoor recreation stakeholders.
Q: How is this data collected or calculated?
A: The data is collected directly from the Kentucky Department of Fish and Wildlife Resources.
Q: How is this trend used in economic policy?
A: This data is used by state wildlife agencies and policymakers to understand participation in outdoor recreation and manage conservation funding.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a slight delay, but it provides a timely and comprehensive view of hunting and fishing license revenue in Kentucky.
Related Trends
State Tax Collections: T12 Insurance Premiums Sales Tax for Minnesota
QTAXT12QTAXCAT3MNNO
State Tax Collections: T09 General Sales and Gross Receipts Taxes for Massachusetts
QTAXT09QTAXCAT3MANO
Poverty Tax Exemptions for Minnesota
PEXMMN27A647NCEN
Age 65 and Over Tax Exemptions for Ohio
AGEXMOH39A647NCEN
State Tax Collections: T24 Motor Vehicles License for Virginia
QTAXT24QTAXCAT3VANO
Mean Adjusted Gross Income for Oregon
MEANAGIOR41A052NCEN
Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Kentucky (QTAXT23QTAXCAT3KYNO), retrieved from FRED.