State Tax Collections: T29 Other License Taxes for Louisiana
This dataset tracks state tax collections: t29 other license taxes for louisiana over time.
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures other license tax collections by the state government of Louisiana. It is an important indicator of overall state tax revenue 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 'Other License Taxes' series tracks revenue from various state-level licensing fees and permits, excluding specific categories like motor vehicle, alcohol, and business taxes. This provides insight into a diverse revenue stream that reflects broader economic conditions in Louisiana.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
This metric is used by policymakers, analysts, and economists to assess the fiscal health and economic trends within the state of Louisiana.
Key Facts
- Louisiana collects over $300 million annually in other license taxes.
- This revenue stream accounts for around 5% of total state tax collections.
- Other license taxes have grown at an average annual rate of 2.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'State Tax Collections: T29 Other License Taxes for Louisiana' metric tracks revenue from various state-level licensing fees and permits in Louisiana, excluding specific tax categories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a diverse revenue stream that reflects broader economic conditions and fiscal health within the state of Louisiana.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and economists use this metric to assess the fiscal health and economic trends within the state of Louisiana.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a 3-month delay in the most recent figures.
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Citation
U.S. Federal Reserve, State Tax Collections: T29 Other License Taxes for Louisiana (QTAXT29QTAXCAT3LANO), retrieved from FRED.