Poverty Universe, Age 5-17 related for Maine
PUA5T17RME23000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183,310.00
Year-over-Year Change
-5.57%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 5-17 related for Maine measure tracks the number of children aged 5-17 living in poverty within the state. This metric is crucial for understanding economic well-being and informing policies aimed at reducing child poverty.
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 represents the total number of children aged 5 to 17 living in poverty in the state of Maine. It is an important indicator of economic security and serves as a valuable data point for policymakers, social service providers, and researchers working to address issues of child poverty and inequality.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend is used by government agencies, nonprofits, and academic institutions to analyze poverty trends, inform policy decisions, and allocate resources to support low-income families and children.
Key Facts
- The Poverty Universe, Age 5-17 related for Maine measures the number of children aged 5-17 living in poverty.
- This trend is an important indicator of economic well-being and child welfare in the state of Maine.
- The data is collected annually through the U.S. Census Bureau's American Community Survey.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 5-17 related for Maine measure tracks the number of children aged 5-17 living in poverty within the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding economic well-being and informing policies aimed at reducing child poverty in Maine.
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 used by government agencies, nonprofits, and academic institutions to analyze poverty trends, inform policy decisions, and allocate resources to support low-income families and children.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some time lag between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Maine (PUA5T17RME23000A647NCEN), retrieved from FRED.