Poverty Universe, Age 0-4 for Ohio
PUA0T4OH39000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
641,362.00
Year-over-Year Change
-8.12%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-4 for Ohio measures the total number of children aged 0-4 living in poverty within the state of Ohio. This metric is crucial for understanding childhood poverty levels and informing 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 tracks the total population of children aged 0-4 in Ohio who are living below the federal poverty line. It provides valuable insights into early childhood poverty and economic hardship in the state, which is essential for guiding social programs and allocating resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and social service organizations use this metric to assess the well-being of young children and target interventions to address child poverty.
Key Facts
- Ohio's Poverty Universe, Age 0-4 was 376,600 in 2021.
- Childhood poverty is linked to negative health, educational, and economic outcomes.
- Addressing early childhood poverty is a key focus of many state and federal initiatives.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-4 for Ohio measures the total number of children aged 0-4 living below the federal poverty line within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the extent of childhood poverty in Ohio and informing policy decisions to support young children and families in need.
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 social service organizations use this metric to assess the well-being of young children and target interventions to address child poverty.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological constraints of the American Community Survey.
Related Trends
Gross Domestic Product: Trade (42, 44-45) in Ohio
OHTRADENGSP
All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Ohio
SMU39000005552210001
Average Hourly Earnings of Production Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Ohio
SMU39000003133600008
Electric Power Carbon Dioxide Emissions, Natural Gas for Ohio
EMISSCO2TOTVECNGOHA
Business Formations Within Four Quarters: Total for All NAICS in Ohio
BFBF4QTOTALSAOH
Average Hourly Earnings of Production Employees: Wholesale Trade in Ohio
SMU39000004100000008A
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Ohio (PUA0T4OH39000A647NCEN), retrieved from FRED.