State Tax Collections: T25 Motor Vehicle Operators License for New Hampshire
QTAXT25QTAXCAT3NHNO • 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 economic trend measures state tax collections from motor vehicle operators license fees in New Hampshire. It provides insights into state government revenue sources and transportation-related economic activity.
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 New Hampshire tracks the monthly tax revenue the state collects from fees charged for issuing driver's licenses and related permits. This data point is used by economists and policymakers to analyze trends in transportation infrastructure funding and overall state fiscal health.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government tax authorities.
Historical Context
This trend is relevant for understanding New Hampshire's transportation policies and budget priorities.
Key Facts
- New Hampshire does not have a state sales tax.
- Motor vehicle fees account for about 5% of New Hampshire's total state tax revenue.
- Driver's license fees have increased by 10% in New Hampshire over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly tax revenue collected by the state of New Hampshire from fees charged for issuing motor vehicle operators licenses and related permits.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into transportation infrastructure funding and overall state government revenue in New Hampshire, making it relevant for economists, policymakers, and transportation planners.
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: This trend is used by economists and policymakers to analyze transportation funding, state budget priorities, and the relationship between economic activity and government revenue sources.
Q: Are there update delays or limitations?
A: The data is published monthly with a 3-month lag, so the most recent figures may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, State Tax Collections: T25 Motor Vehicle Operators License for New Hampshire (QTAXT25QTAXCAT3NHNO), retrieved from FRED.