State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Indiana

QTAXT28QTAXCAT3INNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

17.00

Year-over-Year Change

6.25%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures state tax collections from occupation and business license fees in Indiana, excluding other tax categories. It provides insight into Indiana's business climate and tax revenue sources.

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: T28 Occupation and Business License, Not Elsewhere Classified for Indiana data series tracks the revenue generated from occupational and business license taxes levied by the state government, excluding other tax types. This metric is used by economists and policymakers to analyze Indiana's business environment and fiscal health.

Methodology

The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Government Tax Revenue.

Historical Context

This trend is relevant for understanding Indiana's economic policies and revenue sources.

Key Facts

  • Indiana collects occupation and business license taxes.
  • This trend excludes other tax categories like sales, income, or property taxes.
  • The data is published quarterly by the U.S. Census Bureau.

FAQs

Q: What does this economic trend measure?

A: This trend measures the state tax revenue collected from occupation and business license fees in Indiana, excluding other tax categories.

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

A: This metric provides insight into Indiana's business climate and fiscal health, making it relevant for economists, policymakers, and businesses operating in the state.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Government Tax Revenue.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze Indiana's economic policies, revenue sources, and business environment.

Q: Are there update delays or limitations?

A: The data is published quarterly, so there may be a delay of several months before the most recent figures are available.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Indiana (QTAXT28QTAXCAT3INNO), retrieved from FRED.