Poverty Universe, Age 0-4 for District of Columbia
PUA0T4DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,637.00
Year-over-Year Change
4.76%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic indicator tracks the number of children aged 0-4 living in poverty in the District of Columbia. It provides crucial insights into child wellbeing and the effectiveness of social programs.
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 0-4 for District of Columbia measures the total number of children aged 0-4 whose family income falls below the federal poverty line in the nation's capital. This metric is used by policymakers, researchers, and social service providers to understand the scale of child poverty and target anti-poverty initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Tracking childhood poverty rates is essential for evaluating the impact of economic and social policies.
Key Facts
- The poverty rate for children under 5 in D.C. was 27.8% in 2020.
- Childhood poverty is linked to poorer health, education, and employment outcomes.
- Reducing child poverty is a key goal for many social welfare programs.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-4 for District of Columbia measures the total number of children aged 0-4 living in families with incomes below the federal poverty line in the nation's capital.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty rates is crucial for understanding the scale of child deprivation and evaluating the effectiveness of social programs aimed at improving child wellbeing.
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: Policymakers, researchers, and social service providers use this metric to design and assess the impact of policies and programs targeted at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay due to the survey collection process.
Related Trends
Gross Domestic Product: Finance and Insurance (52) in the District of Columbia
DCFININSNQGSP
90% Confidence Interval Lower Bound of Estimate of People of All Ages in Poverty for District of Columbia
PECILBAADC11000A647NCEN
Value of Exports to Greece from District of Columbia
DCGRCA052SCEN
All Employees: Financial Activities: Finance and Insurance in District of Columbia
SMU11000005552000001SA
Implicit Regional Price Deflator: Metropolitan Portion for District of Columbia
DCMPIRPD
Gross Domestic Product: Chemical Manufacturing (325) in the District of Columbia
DCCHEMMANNGSP
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for District of Columbia (PUA0T4DC11000A647NCEN), retrieved from FRED.