Estimate of People Under Age 5 in Poverty for Delaware
PE0T4DE10000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,737.00
Year-over-Year Change
-27.04%
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 state of Delaware. It provides important insights into child poverty levels and can inform policymaking.
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 Delaware is a key metric for understanding the economic well-being of young children in the state. It is used by economists, policymakers, and social service providers to assess poverty rates and target resources.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on household surveys.
Historical Context
This trend is relevant for informing social and economic policies aimed at reducing child poverty.
Key Facts
- Approximately 18% of children under 5 in Delaware live in poverty.
- Delaware's child poverty rate is higher than the national average.
- Poverty can have long-term impacts on a child's health, education, and future earning potential.
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 state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into child poverty levels in Delaware, which can inform social and economic policies aimed at reducing poverty and improving outcomes for young children.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on household surveys.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and social service providers to assess poverty rates and target resources for programs and initiatives aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is typically updated annually, and there may be a lag in availability depending on the timing of the Census Bureau's surveys and data releases.
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Citation
U.S. Federal Reserve, Estimate of People Under Age 5 in Poverty for Delaware (PE0T4DE10000A647NCEN), retrieved from FRED.