State Tax Collections: T27 Public Utilities License for Delaware
QTAXT27QTAXCAT3DENO • 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 Delaware. It is an important indicator of state fiscal health and 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: T27 Public Utilities License for Delaware trend tracks revenue collected by the state government from fees and taxes levied on public utilities companies operating in Delaware. This data provides insight into the financial health of the state's utilities sector and broader economic conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government finance.
Historical Context
Economists and policymakers monitor this trend to assess the business environment and fiscal position of the state.
Key Facts
- Delaware collected $38.7 million in public utilities license fees in 2021.
- Public utilities account for 3.1% of total tax revenue in Delaware.
- This trend has declined by 6.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue collected by the state government of Delaware from fees and taxes levied on public utilities companies operating in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial health of Delaware's utilities sector and broader economic conditions in the state, which is relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of state government finance.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the business environment and fiscal position of Delaware, which can inform decisions on tax policy, infrastructure investment, and other economic initiatives.
Q: Are there update delays or limitations?
A: The data is reported annually by the Census Bureau, so there may be a 6-12 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, State Tax Collections: T27 Public Utilities License for Delaware (QTAXT27QTAXCAT3DENO), retrieved from FRED.