Estimate of People Under Age 5 in Poverty for Hawaii
PE0T4HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,530.00
Year-over-Year Change
-43.90%
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 Hawaii. It provides important insights into child poverty and economic well-being 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 Estimate of People Under Age 5 in Poverty for Hawaii tracks the number of children under 5 years old living below the federal poverty line in the state. This data is used by policymakers, researchers, and advocacy groups to understand the scale and demographics of child poverty in Hawaii.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for assessing economic conditions and designing policies to support low-income families and combat child poverty in Hawaii.
Key Facts
- Hawaii has one of the highest child poverty rates in the U.S.
- The number of children under 5 in poverty has declined since 2010.
- Child poverty disproportionately affects certain ethnic and racial groups in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of children under 5 years old living in poverty in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the scale and demographics of child poverty in Hawaii, which is relevant for policymakers, researchers, and advocates working to support low-income families and combat poverty.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and advocates to assess economic conditions and design policies to support low-income families and combat child poverty in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Estimate of People Under Age 5 in Poverty for Hawaii (PE0T4HI15000A647NCEN), retrieved from FRED.