Poverty Universe, Age 0-4 for Virginia
PUA0T4VA51000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
474,036.00
Year-over-Year Change
-5.34%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-4 for Virginia measures the number of children aged 0-4 living in poverty in the state. This metric is crucial for understanding the economic well-being of Virginia's youngest residents.
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 tracks the size of the poverty population among children aged 0-4 in Virginia. It provides important insights into the economic challenges facing low-income families and informs policy decisions aimed at reducing child poverty in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and social service providers use this trend to allocate resources and develop programs to support Virginia's vulnerable young population.
Key Facts
- Virginia has a population of over 8.5 million people.
- The poverty rate for children aged 0-4 in Virginia is 14.5%.
- Reducing child poverty is a key priority for Virginia's state government.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-4 for Virginia measures the number of children aged 0-4 living in poverty within the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the economic challenges facing Virginia's youngest residents, informing policy decisions and resource allocation to support low-income families.
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 providers use this trend to develop and implement programs aimed at reducing child poverty in Virginia.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 1-year lag in availability.
Related Trends
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VAACCOMDNQGSP
Real Gross Domestic Product: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Virginia
VASECCOMINVRGSP
Housing Inventory: Median Listing Price Year-Over-Year in Virginia
MEDLISPRIYYVA
Real Gross Domestic Product: Plastics and Rubber Products Manufacturing (326) in Virginia
VAPLASRUBMANRGSP
Average Weekly Earnings of All Employees: Total Private in Virginia
SMU51000000500000011
Number of State Member Commercial Banks in Virginia
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Virginia (PUA0T4VA51000A647NCEN), retrieved from FRED.