Poverty Universe, Age 5-17 related for Hawaii

PUA5T17RHI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

210,117.00

Year-over-Year Change

-0.64%

Date Range

1/1/1998 - 1/1/2023

Summary

The 'Poverty Universe, Age 5-17 related for Hawaii' measures the total number of individuals aged 5 to 17 living in poverty within the state of Hawaii. This metric is a key indicator of economic well-being and development for policymakers and researchers.

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 size of the poverty-affected population among children and teenagers in Hawaii. It is used to assess the prevalence of poverty and inform policies and programs aimed at reducing childhood poverty and promoting social mobility.

Methodology

The data is collected through the U.S. Census Bureau's annual surveys.

Historical Context

This poverty metric is vital for evaluating the effectiveness of social safety net programs and targeted initiatives to support low-income families in Hawaii.

Key Facts

  • Hawaii has a population of over 1.4 million people.
  • The poverty rate for children aged 5-17 in Hawaii is around 13%.
  • Poverty affects educational outcomes and future economic prospects for affected youth.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of individuals aged 5 to 17 living in poverty within the state of Hawaii.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of economic well-being and development, and is vital for evaluating the effectiveness of social programs and policies aimed at reducing childhood poverty.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Census Bureau's annual surveys.

Q: How is this trend used in economic policy?

A: This poverty metric is used by policymakers and researchers to inform policies and programs aimed at reducing childhood poverty and promoting social mobility in Hawaii.

Q: Are there update delays or limitations?

A: The data is published annually, with some potential delays in availability due to the Census Bureau's survey timelines.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Hawaii (PUA5T17RHI15000A647NCEN), retrieved from FRED.