Poverty Universe, Age 0-17 for Indiana
PUA0T17IN18000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,555,523.00
Year-over-Year Change
-0.65%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, Age 0-17 for Indiana' metric tracks the number of individuals aged 0-17 residing in poverty-level households within the state of Indiana. This key economic indicator helps policymakers and researchers understand child poverty levels and trends.
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 measures the total number of Hoosiers under the age of 18 living in households with incomes below the federal poverty line. Economists and social scientists use this data to analyze child poverty dynamics and inform policy decisions regarding public assistance, education, and family support programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is widely used by government agencies, nonprofits, and research institutions to track economic hardship and guide policy interventions.
Key Facts
- Indiana's child poverty rate was 17.2% as of the latest data.
- The poverty universe metric excludes individuals living in group quarters.
- Child poverty disproportionately impacts minority and single-parent households.
FAQs
Q: What does this economic trend measure?
A: The 'Poverty Universe, Age 0-17 for Indiana' metric tracks the total number of Hoosiers under the age of 18 living in households with incomes below the federal poverty line.
Q: Why is this trend relevant for users or analysts?
A: This data is vital for understanding child poverty dynamics and informing policies and programs aimed at supporting low-income families and promoting economic mobility.
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: Government agencies, nonprofits, and research institutions use this metric to track economic hardship and guide policy interventions such as public assistance, education, and family support programs.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and sampling limitations of the American Community Survey.
Related Trends
Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in Indiana
INMINQGSP
Business Applications with Planned Wages for Indiana
WBUSAPPWNSAIN
Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Indiana
INPCERECGD
Gross Domestic Product: Utilities (22) in Indiana
INUTILNGSP
All Employees: Non-Durable Goods: Plastics Product Manufacturing in Indiana
SMU18000003232610001A
Dividends, Interest and Rent in Indiana
INODIV
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Indiana (PUA0T17IN18000A647NCEN), retrieved from FRED.