Poverty Universe, Age 0-4 for Montana
PUA0T4MT30000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,404.00
Year-over-Year Change
-9.11%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, Age 0-4 for Montana' tracks the number of children aged 0-4 living in poverty in the state of Montana. This key economic indicator provides insights into the well-being of young children and informs policy decisions.
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 population under 5 years old in Montana who are living below the federal poverty line. It is an important metric for understanding early childhood poverty and can inform initiatives to support low-income families and promote child development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and child welfare organizations use this trend to allocate resources and design programs targeted at alleviating poverty among young children in Montana.
Key Facts
- Montana has a population of over 1 million people.
- The poverty rate for children under 5 in Montana is higher than the national average.
- Early childhood poverty can have long-term impacts on educational and health outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of children aged 0-4 living in poverty in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the well-being of young children in Montana and can inform policy decisions to support low-income families and promote child development.
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 and child welfare organizations use this trend to allocate resources and design programs targeted at alleviating poverty among young children in Montana.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Montana (PUA0T4MT30000A647NCEN), retrieved from FRED.