Estimate of People Age 0-17 in Poverty in Arizona
PEU18AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246,285.00
Year-over-Year Change
-43.33%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator tracks the estimated number of people aged 0-17 living in poverty in the state of Arizona. It provides important insights into child and family well-being that are relevant for policymakers and social service providers.
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 Age 0-17 in Poverty in Arizona measures the total number of individuals under 18 years old who are living below the federally defined poverty threshold in the state. This metric helps analysts understand the scale and demographics of childhood poverty in Arizona, which is a key factor in assessing the overall socioeconomic conditions and development of the state's population.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey and calculated based on federal poverty thresholds.
Historical Context
This trend is closely monitored by government agencies, nonprofits, and researchers focused on social welfare and equitable economic opportunity.
Key Facts
- Arizona's childhood poverty rate is above the national average.
- Poverty disproportionately impacts certain racial and ethnic groups in Arizona.
- Childhood poverty is linked to poorer health, education, and economic outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 0-17 living below the federal poverty line in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty rates is crucial for understanding the overall socioeconomic conditions and development prospects of a state's population, which informs policymaking and social service provision.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey and calculated based on federal poverty thresholds.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies, nonprofits, and researchers focused on social welfare and equitable economic opportunity in Arizona.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to sampling and estimation error.
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in Arizona (PEU18AZ04000A647NCEN), retrieved from FRED.