State Tax Collections: T23 Hunting and Fishing License for Vermont
QTAXT23QTAXCAT3VTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend tracks state tax collections from hunting and fishing license fees in Vermont. It provides insight into recreational activity and related government revenue.
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 Vermont series measures the quarterly total tax collections from the sale of hunting and fishing licenses in the state of Vermont. This data is used by policymakers and economists to monitor trends in outdoor recreation and associated fiscal impacts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
Hunting and fishing license fee revenue is an important component of state budgets, often funding conservation efforts and wildlife management programs.
Key Facts
- Vermont collected $2.8 million in hunting and fishing license fees in 2021.
- License fees account for approximately 1% of Vermont's total state tax revenue.
- Fishing license sales outnumber hunting licenses by a ratio of 3 to 1 in Vermont.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the quarterly tax collections from the sale of hunting and fishing licenses in the state of Vermont.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into outdoor recreation activity and the associated fiscal impacts for the state government.
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 authorities.
Q: How is this trend used in economic policy?
A: Hunting and fishing license fee revenue is an important component of state budgets, often funding conservation efforts and wildlife management programs.
Q: Are there update delays or limitations?
A: The data is reported quarterly, with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, State Tax Collections: T23 Hunting and Fishing License for Vermont (QTAXT23QTAXCAT3VTNO), retrieved from FRED.