Estimate of People of All Ages in Poverty in Delaware
PEAADE10000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109,203.00
Year-over-Year Change
-1.77%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of people of all ages living in poverty in the state of Delaware. It provides crucial insights into the state's economic well-being and social dynamics.
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 Delaware is a key indicator used by economists, policymakers, and social service providers to understand the extent of poverty and financial hardship faced by the state's population. It helps inform policy decisions and resource allocation aimed at reducing poverty and promoting economic security.
Methodology
This data is collected and calculated by the U.S. Census Bureau through household surveys and statistical modeling.
Historical Context
The poverty estimate is widely referenced in economic and social policy discussions at the state and federal levels.
Key Facts
- Delaware's poverty rate was 12.4% in 2021.
- Poverty disproportionately affects children and the elderly in Delaware.
- The poverty estimate is used to allocate federal and state social program funding.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of people of all ages living in poverty in the state of Delaware. It provides insights into the state's economic well-being and social dynamics.
Q: Why is this trend relevant for users or analysts?
A: The poverty estimate is a crucial indicator used by economists, policymakers, and social service providers to understand the extent of financial hardship faced by Delaware's population and inform policy decisions aimed at reducing poverty.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Census Bureau through household surveys and statistical modeling.
Q: How is this trend used in economic policy?
A: The poverty estimate is widely referenced in economic and social policy discussions at the state and federal levels, as it helps inform the allocation of funding for social programs and initiatives aimed at promoting economic security.
Q: Are there update delays or limitations?
A: The poverty estimate data is typically released with a delay of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Census Bureau, Estimate of People of All Ages in Poverty in Delaware (PEAADE10000A647NCEN), retrieved from FRED.