Estimated Percent of People Age 0-17 in Poverty for Nebraska
PPU18NE31000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.10
Year-over-Year Change
-36.93%
Date Range
1/1/1989 - 1/1/2023
Summary
This metric estimates the percentage of people aged 0-17 living in poverty in Nebraska. Understanding childhood poverty rates is crucial for policymakers addressing economic inequality 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 Nebraska tracks the share of the state's youth population with family incomes below the federal poverty line. This statistic is a key indicator of economic hardship and can inform social programs targeting child wellbeing.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Trends in childhood poverty are closely monitored by government agencies, nonprofits, and researchers to evaluate the efficacy of anti-poverty initiatives.
Key Facts
- Nebraska's childhood poverty rate was 12.9% in 2021.
- Poverty disproportionately impacts certain racial and ethnic groups in Nebraska.
- Reducing childhood poverty is a key goal of many social welfare programs.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the estimated percentage of people aged 0-17 living in poverty within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Childhood poverty rates are a crucial indicator of economic hardship and social inequality, informing policymakers and program providers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Trends in childhood poverty are closely monitored by government agencies, nonprofits, and researchers to evaluate the efficacy of anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is published annually, with a slight delay as the survey is conducted and processed.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for Nebraska (PPU18NE31000A156NCEN), retrieved from FRED.