Estimate of Related Children Age 5-17 in Families in Poverty for Hawaii
PE5T17HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,159.00
Year-over-Year Change
-28.21%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of related children aged 5-17 living in families in poverty in the state of Hawaii. It provides important insights into child poverty levels and economic conditions 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 Related Children Age 5-17 in Families in Poverty for Hawaii tracks the number of children living in impoverished households within the state. This data point is crucial for understanding the economic well-being of families and the challenges facing younger generations in Hawaii.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is widely used by policymakers, researchers, and advocacy groups to guide programs and policies aimed at reducing child poverty.
Key Facts
- Hawaii has one of the highest child poverty rates in the United States.
- The trend has shown a gradual decline in child poverty in Hawaii since the late 2000s.
- Reducing child poverty is a key policy priority for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of related children aged 5-17 living in families with incomes below the poverty line in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for understanding the economic well-being of families and the challenges facing younger generations in Hawaii. It helps guide policies and programs aimed at reducing child poverty.
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 widely used by policymakers, researchers, and advocacy groups to guide programs and policies aimed at reducing child poverty in Hawaii.
Q: Are there update delays or limitations?
A: The data is updated annually, with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Estimate of Related Children Age 5-17 in Families in Poverty for Hawaii (PE5T17HI15000A647NCEN), retrieved from FRED.