Poverty Universe, Age 0-17 for Arizona
PUA0T17AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,553,904.00
Year-over-Year Change
-2.73%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for Arizona measures the number of children aged 0-17 living in poverty within the state of Arizona. This metric is critical for policymakers and researchers to understand the economic well-being of young Arizonans.
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
This series tracks the population of children aged 0-17 residing in Arizona who fall below the federal poverty line. It provides important insights into the prevalence and distribution of child poverty at the state level, enabling more targeted policy interventions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used by government agencies, nonprofits, and economic analysts to assess the effectiveness of poverty alleviation programs and inform policy decisions.
Key Facts
- Arizona's child poverty rate was 18.7% in 2021.
- The Poverty Universe, Age 0-17 for Arizona has remained above 300,000 since 2018.
- Child poverty disproportionately affects minority and low-income communities in Arizona.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for Arizona measures the number of children aged 0-17 living below the federal poverty line within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides critical insights into the economic well-being of young Arizonans, enabling policymakers and researchers to better understand and address child poverty in the state.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, nonprofits, and economic analysts to assess the effectiveness of poverty alleviation programs and inform policy decisions related to social welfare and child development.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Arizona (PUA0T17AZ04000A647NCEN), retrieved from FRED.