State Tax Collections: T25 Motor Vehicle Operators License for Delaware
QTAXT25QTAXCAT3DENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections from motor vehicle operators license fees in Delaware. It provides insight into consumer behavior and government revenue streams.
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: T25 Motor Vehicle Operators License for Delaware metric tracks the tax revenue generated by the fees charged for issuing and renewing driver's licenses in the state. This data point is used by economists and policymakers to analyze consumer trends and government budgets.
Methodology
The data is collected directly from Delaware state tax revenue records.
Historical Context
This trend is relevant for understanding consumer activity and state fiscal policy.
Key Facts
- Delaware collected $38.2 million in motor vehicle operator license fees in 2021.
- License fees account for 2.1% of Delaware's total state tax revenue.
- The number of licensed drivers in Delaware has increased by 8.4% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state of Delaware from fees charged for issuing and renewing motor vehicle operator licenses.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into consumer behavior and government budgets, making it useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from Delaware state tax revenue records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze consumer activity and state fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Federal Reserve, with minimal delays.
Related Trends
Total Tax Exemptions Under Age 65 for Utah
LT65EXMUT49A647NCEN
National Totals of State Tax Revenue: T10 Alcoholic Beverages Sales Tax, 4 Quarters Ending for the United States
QTAXT104QEQTAXCAT2USNO
State Tax Collections: T53 Severance Taxes for Maryland
QTAXT53QTAXCAT3MDNO
Mean Adjusted Gross Income for Maine
MEANAGIME23A052NCEN
State Tax Collections: T09 General Sales and Gross Receipts Taxes for Connecticut
QTAXT09QTAXCAT3CTNO
State Tax Collections: Total Taxes for Connecticut
QTAXTOTALQTAXCAT3CTNO
Citation
U.S. Federal Reserve, State Tax Collections: T25 Motor Vehicle Operators License for Delaware (QTAXT25QTAXCAT3DENO), retrieved from FRED.