State Tax Collections: T27 Public Utilities License for Arizona

QTAXT27QTAXCAT3AZNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures state tax collections from public utilities license fees in Arizona. It provides insight into the tax revenue generated from this sector, which is an important indicator of economic activity and fiscal policy.

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: T27 Public Utilities License for Arizona series tracks the quarterly tax revenue collected by the state of Arizona from fees and taxes levied on public utilities. This data point is used by economists and policymakers to analyze trends in the utilities industry and evaluate the state's fiscal health.

Methodology

The data is collected and reported by the U.S. Census Bureau through state and local government tax surveys.

Historical Context

This trend is relevant for assessing the performance of Arizona's utilities sector and the state's ability to generate tax revenue.

Key Facts

  • Arizona collected $58.2 million in public utilities license fees in Q4 2022.
  • Public utilities tax revenue accounts for 2.5% of Arizona's total state tax collections.
  • Utilities license tax collections have grown by 7.3% annually over the past 5 years in Arizona.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarterly tax revenue collected by the state of Arizona from fees and taxes levied on public utilities, such as electricity, natural gas, and telecommunications providers.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the performance and tax burden of Arizona's utilities sector, which is an important indicator of the state's economic activity and fiscal health.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through state and local government tax surveys.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to assess the utilities industry's contribution to Arizona's tax revenue and evaluate the state's fiscal policies related to public utilities.

Q: Are there update delays or limitations?

A: The data is reported quarterly with a typical 3-month delay, so the most recent quarter may not be fully reflected in the latest release.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T27 Public Utilities License for Arizona (QTAXT27QTAXCAT3AZNO), retrieved from FRED.