Estimated Percent of People Under Age 5 in Poverty for Louisiana
PP0T4LA22000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.90
Year-over-Year Change
-16.72%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of people under age 5 living in poverty in Louisiana. It provides crucial insights into the well-being of young children in 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 Estimated Percent of People Under Age 5 in Poverty for Louisiana is an important indicator used by economists and policymakers to understand the extent of child poverty and guide initiatives to support vulnerable families.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
This poverty metric helps inform programs and policies aimed at improving outcomes for low-income children and families in Louisiana.
Key Facts
- Louisiana has one of the highest child poverty rates in the U.S.
- Poverty can negatively impact a child's physical, cognitive, and social-emotional development.
- Addressing child poverty is crucial for promoting equal opportunity and social mobility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people under the age of 5 living in poverty in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the well-being of young children in Louisiana and helps inform policies and programs aimed at reducing child poverty and improving outcomes for low-income families.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This poverty metric helps guide initiatives and investments to support vulnerable children and families in Louisiana, with the goal of promoting equal opportunity and social mobility.
Q: Are there update delays or limitations?
A: There may be delays in data updates, and the metric may not capture all aspects of child poverty in the state.
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Citation
U.S. Census Bureau, Estimated Percent of People Under Age 5 in Poverty for Louisiana (PP0T4LA22000A156NCEN), retrieved from FRED.