Poverty Universe, Age 5-17 related for Arkansas
PUA5T17RAR05000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
514,148.00
Year-over-Year Change
2.30%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe for individuals aged 5-17 in the state of Arkansas. It provides important insights into the well-being and economic circumstances of children and adolescents in the state.
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
The Poverty Universe, Age 5-17 related for Arkansas metric tracks the number of individuals aged 5-17 who are considered to be living in poverty based on established federal poverty thresholds. This data is a key indicator of economic hardship and can inform policymakers and researchers studying child poverty and social welfare in the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on household income and family size.
Historical Context
This trend is widely used by economists, social service providers, and government agencies to assess the state of child poverty and guide policy decisions.
Key Facts
- Arkansas has one of the highest child poverty rates in the United States.
- The Poverty Universe, Age 5-17 related for Arkansas has remained stubbornly high over the past decade.
- Reducing child poverty is a key policy priority for many state and local governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals aged 5-17 in Arkansas who are considered to be living in poverty based on federal poverty thresholds.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the economic well-being of children and adolescents in Arkansas, which is essential for informing social welfare policies and programs.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on household income and family size.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, social service providers, and government agencies to assess the state of child poverty and guide policy decisions aimed at reducing economic hardship.
Q: Are there update delays or limitations?
A: The Poverty Universe, Age 5-17 related for Arkansas data is updated annually by the U.S. Census Bureau, with a slight delay in publication.
Related Trends
Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Arkansas
ARNATRESMINRGSP
Monthly State Retail Sales: Furniture and Home Furnishings Stores in Arkansas
MSRSAR442
Per Capita Personal Consumption Expenditures: Services: Other Services for Arkansas
ARPCEPCOSRV
Chain-Type Quantity Index for Real GDP: Utilities (22) in Arkansas
ARUTILQQGSP
Durable Manufacturing Wages and Salaries in Arkansas
ARWDUR
Chain-Type Quantity Index for Real GDP: Machinery Manufacturing (333) in Arkansas
ARMACHMANQGSP
Citation
U.S. Census Bureau, Poverty Universe, Age 5-17 related for Arkansas (PUA5T17RAR05000A647NCEN), retrieved from FRED.