Poverty Universe, Age 0-17 for South Carolina
PUA0T17SC45000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,123,023.00
Year-over-Year Change
5.37%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend tracks the estimated population living below the poverty line among those aged 0-17 in South Carolina. It provides important insights into child poverty levels in the state.
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 Poverty Universe, Age 0-17 for South Carolina measures the total number and percentage of individuals under age 18 living in households with income below the federally-defined poverty threshold in the state. This data is a key indicator for policymakers and researchers examining economic hardship among children.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to inform policy decisions and resource allocation aimed at reducing child poverty in South Carolina.
Key Facts
- The 2021 Poverty Universe for ages 0-17 in South Carolina was 302,700.
- This represents 19.7% of the total child population in the state.
- Child poverty rates in South Carolina are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the population of individuals under age 18 living in households with income below the federal poverty line in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the economic well-being of children in South Carolina, which is crucial for informing policies and programs aimed at reducing child poverty.
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 policymakers, researchers, and institutions to monitor child poverty levels and inform decisions about resource allocation and policies targeting economic hardship among families in South Carolina.
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.
Related Trends
All Employees: Government: Federal Government in South Carolina
SMS45000009091000001
Imports of Goods: Manufactured Commodities for South Carolina
IMPMANSC
Housing Inventory: New Listing Count Year-Over-Year in South Carolina
NEWLISCOUYYSC
Home Vacancy Rate for South Carolina
SCHVAC
Number of Identified Exporters to Austria from South Carolina
SCAUTA475SCEN
Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in South Carolina
SCBRDTELENGSP
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for South Carolina (PUA0T17SC45000A647NCEN), retrieved from FRED.