Poverty, Child Tax Exemptions for Alaska
This dataset tracks poverty, child tax exemptions for alaska over time.
Latest Value
25500.00
Year-over-Year Change
-14.07%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of child tax exemptions claimed in Alaska. It provides insights into poverty levels and family demographics in the state.
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 child tax exemption data represents the number of dependent children claimed on tax returns by Alaska residents. This metric is used by economists and policymakers to analyze trends in family structure, income levels, and social welfare programs in the state.
Methodology
The data is collected annually by the U.S. Census Bureau through individual tax filings.
Historical Context
Poverty and family support policies are key areas of focus for Alaska's economic development and social service programs.
Key Facts
- Alaska has one of the highest poverty rates in the U.S.
- The number of child tax exemptions has declined since 2010
- Poverty disproportionately impacts rural and indigenous communities in Alaska
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of child tax exemptions claimed by Alaska residents, which provides insights into poverty levels and family demographics in the state.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists and policymakers to analyze trends in family structure, income levels, and the effectiveness of social welfare programs in Alaska.
Q: How is this data collected or calculated?
A: The data is collected annually by the U.S. Census Bureau through individual tax filings.
Q: How is this trend used in economic policy?
A: Poverty and family support policies are key areas of focus for Alaska's economic development and social service programs, making this data crucial for policymakers.
Q: Are there update delays or limitations?
A: The data is released annually, so there may be a delay of up to 12 months between the reference year and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Poverty, Child Tax Exemptions for Alaska (PCHEXMAK2A647NCEN), retrieved from FRED.