State Tax Collections: T27 Public Utilities License for Utah

QTAXT27QTAXCAT3UTNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 1/1/2014

Summary

The 'State Tax Collections: T27 Public Utilities License for Utah' trend measures the revenue collected by the state of Utah from taxes on public utilities licenses.

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

This data series tracks the quarterly tax revenue from public utilities licenses in the state of Utah. It is an important indicator of economic activity and tax policy in the utilities sector, which is a key industry for the state's economy.

Methodology

The data is collected by the U.S. Census Bureau from state-level tax authorities.

Historical Context

This trend is used by policymakers, economists, and industry analysts to assess the financial health and regulatory environment of Utah's public utilities.

Key Facts

  • Utah collected $32.4 million in public utilities license taxes in Q3 2022.
  • Utilities account for over 5% of Utah's total state tax revenue.
  • Public utilities license taxes have grown by 8% annually in Utah over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarterly tax revenue collected by the state of Utah from licenses for public utilities companies operating in the state.

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

A: This data is important for understanding the financial health of Utah's utilities sector and the state's overall tax policy and revenue.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau from state-level tax authorities in Utah.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and industry analysts use this data to assess the regulatory environment and economic conditions for public utilities in Utah.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag of approximately 3 months.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T27 Public Utilities License for Utah (QTAXT27QTAXCAT3UTNO), retrieved from FRED.