Poverty Universe, Age 5-17 related for Indiana
PUA5T17RIN18000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,151,519.00
Year-over-Year Change
1.44%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 5-17 related for Indiana measures the number of individuals aged 5 to 17 living in poverty within the state. This key economic indicator is vital for understanding child poverty and informing targeted social policies.
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 total population aged 5 to 17 living below the poverty line in Indiana. It provides crucial insights into childhood poverty levels and trends, which are essential for policymakers, researchers, and social service providers.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This metric is closely monitored by economists, government agencies, and non-profit organizations to assess the economic well-being of Indiana's youth population.
Key Facts
- Indiana's child poverty rate was 18.3% in 2021.
- The number of Indiana children aged 5-17 living in poverty has declined since 2010.
- Poverty disproportionately affects minority and low-income communities in Indiana.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 5-17 related for Indiana measures the total number of individuals aged 5 to 17 living below the poverty line within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding childhood poverty levels and informing social policies and programs aimed at supporting Indiana's youth population.
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: This trend is closely monitored by policymakers, government agencies, and non-profit organizations to assess the economic well-being of Indiana's youth and inform targeted social policies and interventions.
Q: Are there update delays or limitations?
A: The data is published annually, with a typical 1-year delay between the reference year and the release of the estimates.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Indiana (PUA5T17RIN18000A647NCEN), retrieved from FRED.