Poverty Universe, Age 0-17 for Hawaii
PUA0T17HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
285,804.00
Year-over-Year Change
-4.50%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for Hawaii measures the number of children under 18 living in poverty in the state of Hawaii. This metric is crucial for understanding the economic well-being and development of Hawaii's youth population.
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 total number of individuals aged 0 to 17 living below the poverty line in the state of Hawaii. It provides insights into the socioeconomic challenges faced by children and families in the state, which is important for policymakers and social service providers.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend is widely used by government agencies, nonprofits, and researchers to inform social policies and resource allocation targeted at reducing child poverty in Hawaii.
Key Facts
- Hawaii has the 13th highest child poverty rate in the United States.
- The poverty universe for Hawaii's children aged 0-17 was 59,700 in 2021.
- Child poverty has a significant impact on educational outcomes, health, and future economic mobility.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for Hawaii measures the total number of children under the age of 18 living below the poverty line in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the economic well-being of Hawaii's youth population, which is essential for informing social policies and resource allocation aimed at reducing 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 annual American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is widely used by government agencies, nonprofits, and researchers to develop and evaluate social policies and programs targeting child poverty in Hawaii.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Hawaii (PUA0T17HI15000A647NCEN), retrieved from FRED.