Estimated Percent of People Age 0-17 in Poverty for Rhode Island
PPU18RI44000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.10
Year-over-Year Change
-29.77%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people aged 0-17 living in poverty in the state of Rhode Island. It provides important insights into child poverty levels and helps inform policymakers and researchers studying economic wellbeing.
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 Rhode Island is a key metric for understanding the economic challenges facing children and families in the state. It is used by economists, social scientists, and policymakers to assess poverty trends and guide programs and policies aimed at reducing child poverty.
Methodology
This data is collected and calculated by the U.S. Census Bureau through population surveys.
Historical Context
This poverty metric is critical for informing state and federal policies and programs related to social services, education, and economic development.
Key Facts
- Rhode Island's child poverty rate was 17.3% in 2020.
- The national average child poverty rate was 16.1% in 2020.
- Poverty disproportionately impacts certain demographic groups in Rhode Island.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people aged 0-17 living in poverty in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into child poverty levels and helps inform policymakers and researchers studying economic wellbeing in Rhode Island.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Census Bureau through population surveys.
Q: How is this trend used in economic policy?
A: This poverty metric is critical for informing state and federal policies and programs related to social services, education, and economic development in Rhode Island.
Q: Are there update delays or limitations?
A: The data may have a lag time of several months and could be subject to sampling and estimation limitations.
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Citation
U.S. Census Bureau, Estimated Percent of People Age 0-17 in Poverty for Rhode Island (PPU18RI44000A156NCEN), retrieved from FRED.