State Tax Collections: T23 Hunting and Fishing License for New Jersey
QTAXT23QTAXCAT3NJNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This trend measures the tax revenue from hunting and fishing licenses in the state of New Jersey. It provides insights into recreational activities and wildlife conservation 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 New Jersey tracks the tax revenue generated from the sale of hunting and fishing licenses in the state. This data is used by policymakers and economists to monitor trends in outdoor recreation, wildlife management, and related fiscal policies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state tax authorities.
Historical Context
Trends in hunting and fishing license tax revenue are closely watched by state governments, conservation groups, and the outdoor recreation industry.
Key Facts
- New Jersey collects a state sales tax on hunting and fishing licenses.
- Hunting and fishing license fees fund wildlife conservation programs.
- Outdoor recreation is a major economic driver in New Jersey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue generated from the sale of hunting and fishing licenses in the state of New Jersey.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding trends in outdoor recreation, wildlife management, and related fiscal policies in New Jersey.
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: Trends in hunting and fishing license tax revenue are closely watched by state governments, conservation groups, and the outdoor recreation industry to inform policymaking and investment decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis and may be subject to revisions by the collecting agency.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for New Jersey (QTAXT23QTAXCAT3NJNO), retrieved from FRED.