Estimate of People of All Ages in Poverty in Arizona
PEAAAZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
917,925.00
Year-over-Year Change
-23.59%
Date Range
1/1/1989 - 1/1/2023
Summary
This series measures the estimated number of people of all ages living in poverty in the U.S. state of Arizona. It is an important economic indicator for understanding the financial well-being and social conditions within 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 of All Ages in Poverty in Arizona provides a comprehensive view of poverty levels across the entire population of the state. It is a key metric used by policymakers, economists, and social service organizations to assess the need for anti-poverty programs and guide resource allocation.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This poverty estimate is widely referenced by Arizona state agencies and national organizations to inform economic and social policy decisions.
Key Facts
- The most recent data shows over 1 million Arizonans living in poverty.
- Arizona's poverty rate is higher than the national average.
- Poverty disproportionately affects certain demographics in the state.
FAQs
Q: What does this economic trend measure?
A: This series measures the estimated number of people of all ages living in poverty within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: The Arizona poverty estimate is a key metric used to understand the financial well-being and social conditions in the state, informing policy decisions and resource allocation.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: This poverty estimate is widely referenced by Arizona state agencies and national organizations to inform economic and social policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a short delay, providing a comprehensive but lagging view of poverty in Arizona.
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Citation
U.S. Federal Reserve, Estimate of People of All Ages in Poverty in Arizona (PEAAAZ04000A647NCEN), retrieved from FRED.