Poverty Universe, Age 0-17 for Virginia
PUA0T17VA51000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,850,016.00
Year-over-Year Change
1.13%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for Virginia measures the total number of people under 18 years old living in poverty within the state of Virginia.
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 economic indicator provides insights into the well-being and socioeconomic status of children and youth in Virginia. It is used by policymakers, researchers, and advocates to understand trends in childhood poverty and inform programs and policies aimed at reducing poverty and promoting opportunity.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is relevant for evaluating the effectiveness of state-level policies and initiatives targeting child poverty.
Key Facts
- Virginia's childhood poverty rate was 13.5% in 2021.
- Poverty disproportionately affects minority children in Virginia.
- Childhood poverty is linked to poorer educational and health outcomes.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for Virginia measures the total number of people under 18 years old living in poverty within the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the well-being of children and youth in Virginia, which is critical for informing policies and programs aimed at reducing poverty and promoting opportunity.
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 metric is relevant for evaluating the effectiveness of state-level policies and initiatives targeting child poverty in Virginia.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to sampling and estimation uncertainties.
Related Trends
Average Weekly Earnings of All Employees: Private Service Providing in Virginia
SMU51000000800000011
Real Gross Domestic Product: Pipeline Transportation (486) in Virginia
VAPIPETRANRGSP
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Virginia
VAOTHSERVENGSP
Retail Trade Wages and Salaries in Virginia
VAWRET
Per Capita Personal Consumption Expenditures: Total for Virginia
VAPCEPC
Real Gross Domestic Product: Legal Services (5411) in Virginia
VALEGALRGSP
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Virginia (PUA0T17VA51000A647NCEN), retrieved from FRED.