Population, Total for Ireland
5 Year
POPTOTIE52647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,586,897.00
Year-over-Year Change
58.04%
Date Range
1/1/1967 - 1/1/2012
Summary
The '5 Year' trend tracks the population total for five-year age groups in the United States. This metric is essential for demographic analysis and informing policy decisions related to social services, public infrastructure, and economic planning.
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 '5 Year' population trend provides a detailed breakdown of the U.S. population by age cohorts, enabling analysts to identify shifts in the age distribution over time. This data is crucial for forecasting changes in labor force participation, dependency ratios, and other key economic indicators.
Methodology
The U.S. Census Bureau collects this data through periodic population surveys and censuses.
Historical Context
Policymakers and economists closely monitor the '5 Year' trend to anticipate future demographic changes and their potential impact on the economy.
Key Facts
- The U.S. population was 333.2 million as of 2021.
- The largest age group in the U.S. is the 25-29 year olds.
- The U.S. population is aging, with the 65+ age group growing rapidly.
FAQs
Q: What does this economic trend measure?
A: The '5 Year' trend tracks the total U.S. population broken down into five-year age cohorts, providing a detailed demographic profile.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding shifts in the age distribution of the U.S. population, which have important implications for economic and social policy planning.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through periodic population surveys and censuses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the '5 Year' trend to anticipate future demographic changes and their potential impact on the economy, informing decisions related to social services, public infrastructure, and economic planning.
Q: Are there update delays or limitations?
A: The '5 Year' data is updated periodically by the U.S. Census Bureau, with some potential for delays due to the comprehensive nature of the population surveys.
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Citation
U.S. Federal Reserve, 5 Year (POPTOTIE52647NWDB), retrieved from FRED.