State Tax Collections: T23 Hunting and Fishing License for Pennsylvania
This dataset tracks state tax collections: t23 hunting and fishing license for pennsylvania over time.
Latest Value
11.00
Year-over-Year Change
-15.38%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T23 Hunting and Fishing License for Pennsylvania' trend measures revenue from hunting and fishing license fees collected by the state government of Pennsylvania.
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 indicator provides insight into the level of outdoor recreational activity and associated tax revenue in Pennsylvania. It is a useful data point for policymakers and economists analyzing state fiscal health and trends in natural resource utilization.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Historical Context
This metric is relevant for understanding Pennsylvania's budgetary conditions and the broader recreational economy.
Key Facts
- Pennsylvania collects over $50 million annually from hunting and fishing licenses.
- License fees fund wildlife conservation and outdoor recreation programs.
- Hunting and fishing are major economic drivers in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue collected by the state government of Pennsylvania from the sale of hunting and fishing licenses.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of outdoor recreational activity and associated tax revenue in Pennsylvania, which is useful for understanding the state's fiscal health and broader economic trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government tax collection agencies.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economists analyzing Pennsylvania's budgetary conditions and the broader recreational economy in the state.
Q: Are there update delays or limitations?
A: The data is published with a lag, but it provides a reliable and comprehensive measure of hunting and fishing license revenue in Pennsylvania.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Pennsylvania (QTAXT23QTAXCAT3PANO), retrieved from FRED.