Poverty Universe, Age 0-4 for Wisconsin
PUA0T4WI55000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
302,319.00
Year-over-Year Change
-12.44%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-4 for Wisconsin tracks the number of children under 5 years old living in poverty in the state. This metric is crucial for understanding childhood poverty and informing policy decisions that impact vulnerable populations.
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 economic indicator represents the total number of Wisconsin residents aged 0-4 years old who are living below the poverty line. It is an important statistic for assessing the well-being of young children and the resources needed to support early childhood development.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Policymakers and social service organizations use this poverty data to allocate funding and design programs to address child poverty in Wisconsin.
Key Facts
- Wisconsin's child poverty rate is higher than the national average.
- Poverty disproportionately impacts certain demographic groups in the state.
- Reducing childhood poverty is a key policy goal for many Wisconsin legislators.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-4 for Wisconsin measures the total number of children under 5 years old living below the poverty line in the state.
Q: Why is this trend relevant for users or analysts?
A: This poverty data is crucial for understanding the challenges facing young children in Wisconsin and informing policy decisions to address childhood poverty.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and social service organizations use this poverty data to allocate funding and design programs to support low-income families and promote early childhood development in Wisconsin.
Q: Are there update delays or limitations?
A: The poverty data is published annually, with some lag time between the survey period and data release.
Related Trends
Homeownership Rate for Wisconsin
WIHOWN
Chain-Type Quantity Index for Real GDP: Primary Metal Manufacturing (331) in Wisconsin
WIPRIMETMANQGSP
Chain-Type Quantity Index for Real GDP: Transportation and Utilities (22, 48-49) in Wisconsin
WITRANSUTILQGSP
State Government Tax Collections, Total License Taxes in Wisconsin
WITLLICTAX
Information Wages and Salaries in Wisconsin
WIWINF
Implicit Regional Price Deflator: Nonmetropolitan Portion for Wisconsin
WINMPIRPD
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Wisconsin (PUA0T4WI55000A647NCEN), retrieved from FRED.