Poverty Universe, Age 0-4 for Pennsylvania
PUA0T4PA42000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
646,643.00
Year-over-Year Change
-9.04%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, Age 0-4 for Pennsylvania' trend measures the estimated total number of individuals aged 0-4 living in poverty within the state of Pennsylvania. This metric is crucial for policymakers and social service providers to understand the extent of childhood poverty and target interventions effectively.
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 data series represents the estimated total count of children aged 0-4 years old living in poverty in the state of Pennsylvania. It is derived from U.S. Census Bureau population estimates and poverty thresholds, providing a comprehensive view of early childhood poverty levels within the state.
Methodology
The data is calculated by the U.S. Census Bureau using a combination of population estimates and poverty thresholds.
Historical Context
This trend is widely used by government agencies, nonprofits, and economic analysts to assess the state of child poverty and inform policies and programs aimed at supporting low-income families.
Key Facts
- Pennsylvania's childhood poverty rate is higher than the national average.
- Poverty has been linked to negative outcomes in child development and education.
- Addressing early childhood poverty is a key priority for policymakers in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated total number of individuals aged 0-4 living in poverty within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and social service providers to understand the extent of childhood poverty and target interventions effectively.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using a combination of population estimates and poverty thresholds.
Q: How is this trend used in economic policy?
A: This trend is widely used by government agencies, nonprofits, and economic analysts to assess the state of child poverty and inform policies and programs aimed at supporting low-income families.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Pennsylvania (PUA0T4PA42000A647NCEN), retrieved from FRED.