Estimate of People Age 0-17 in Poverty in Arkansas
PEU18AR05000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140,145.00
Year-over-Year Change
-27.85%
Date Range
1/1/1989 - 1/1/2023
Summary
The 'Estimate of People Age 0-17 in Poverty in Arkansas' measures the number of children and adolescents living below the poverty line in the state of Arkansas. This metric is crucial for policymakers and economists to understand the economic well-being of Arkansas' youngest residents.
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
This series tracks the total number of individuals aged 0 to 17 years old who are classified as living in poverty within the state of Arkansas. It provides insights into the demographic and socioeconomic challenges facing the state's child and youth population.
Methodology
The data is collected through the U.S. Census Bureau's annual surveys and calculated based on federal poverty thresholds.
Historical Context
Trends in this series are used to inform policy decisions and social welfare programs targeting child poverty in Arkansas.
Key Facts
- Arkansas has one of the highest child poverty rates in the United States.
- Poverty disproportionately affects younger residents of Arkansas.
- Addressing child poverty is a key policy priority for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 0 to 17 years old who are classified as living in poverty within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Trends in child and youth poverty are crucial for understanding the economic well-being of Arkansas' youngest residents and informing policy decisions and social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual surveys and calculated based on federal poverty thresholds.
Q: How is this trend used in economic policy?
A: Trends in this series are used to inform policy decisions and social welfare programs targeting child poverty in Arkansas.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a slight delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in Arkansas (PEU18AR05000A647NCEN), retrieved from FRED.