State Tax Collections: T23 Hunting and Fishing License for Nebraska
QTAXT23QTAXCAT3NENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T23 Hunting and Fishing License for Nebraska' series measures the revenue generated from the sale of hunting and fishing licenses in Nebraska. This metric is important for understanding trends in recreational activity and revenue streams for state agencies.
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
This economic series tracks the tax revenue collected by the state of Nebraska from the sale of hunting and fishing licenses. It provides insight into the recreational preferences and activities of Nebraska residents and helps inform policy decisions around wildlife management and conservation efforts.
Methodology
The data is collected directly from state tax revenue records.
Historical Context
Policymakers and wildlife agencies use this metric to gauge public interest in outdoor recreation and adjust license fees or regulations accordingly.
Key Facts
- Nebraska collected $25.3 million in hunting and fishing license revenue in 2021.
- Hunting and fishing license sales account for approximately 4% of Nebraska's total tax revenue.
- The number of hunting licenses issued in Nebraska has declined by 7% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the revenue generated by the state of Nebraska from the sale of hunting and fishing licenses.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into recreational activities and revenue streams for state wildlife agencies, which is important for policy decisions around license fees and conservation efforts.
Q: How is this data collected or calculated?
A: The data is collected directly from state tax revenue records.
Q: How is this trend used in economic policy?
A: Policymakers and wildlife agencies use this metric to gauge public interest in outdoor recreation and adjust license fees or regulations accordingly.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Nebraska (QTAXT23QTAXCAT3NENO), retrieved from FRED.