Estimated Percent of People Age 0-17 in Poverty for Arizona
PPU18AZ04000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
-41.91%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of people aged 0-17 living in poverty in the state of Arizona. Understanding childhood poverty rates is crucial for policymakers and economists analyzing economic well-being and social welfare.
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 Age 0-17 in Poverty for Arizona represents the share of the state's youth population living below the federal poverty line. This metric provides insight into economic hardship and socioeconomic disparities affecting children and families.
Methodology
The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Historical Context
Trends in childhood poverty are closely monitored by government agencies, nonprofits, and researchers to inform policy decisions and social programs.
Key Facts
- Arizona's childhood poverty rate was 19.4% in 2021.
- Poverty disproportionately impacts minority and low-income families in Arizona.
- Reducing childhood poverty is a key policy goal for economic and social development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people aged 0-17 living in poverty within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Childhood poverty rates are a crucial indicator of economic well-being and social equity, informing policy decisions and social programs.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Q: How is this trend used in economic policy?
A: Trends in childhood poverty are closely monitored by government agencies, nonprofits, and researchers to inform policy decisions and social programs.
Q: Are there update delays or limitations?
A: The data is updated annually, with a short delay due to the comprehensive survey process.
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Citation
U.S. Census Bureau, Estimated Percent of People Age 0-17 in Poverty for Arizona (PPU18AZ04000A156NCEN), retrieved from FRED.