Estimate of People Under Age 5 in Poverty for District of Columbia
PE0T4DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,006.00
Year-over-Year Change
-27.06%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of people under age 5 living in poverty in the District of Columbia. It provides important insights into childhood poverty levels in the nation's capital.
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 Estimate of People Under Age 5 in Poverty for District of Columbia is a key metric used by policymakers and economists to track poverty among young children in the District. It can help inform social programs and guide investments to support low-income families.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is closely monitored by federal and local governments to assess the efficacy of anti-poverty initiatives.
Key Facts
- The latest data shows over 15,000 children under 5 living in poverty in D.C.
- Childhood poverty rates in D.C. are higher than the national average.
- Reducing childhood poverty is a key policy goal for the District government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of people under the age of 5 living in poverty in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into childhood poverty levels in the nation's capital, which can help inform social programs and guide investments to support low-income families.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by federal and local governments to assess the efficacy of anti-poverty initiatives in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Census Bureau, but there may be some delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Estimate of People Under Age 5 in Poverty for District of Columbia (PE0T4DC11000A647NCEN), retrieved from FRED.