Poverty Universe, Age 5-17 related for Mississippi
PUA5T17RMS28000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
495,108.00
Year-over-Year Change
-6.49%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe for children aged 5-17 in the state of Mississippi. It provides valuable insights into the economic well-being and vulnerabilities of young Mississippians.
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 Mississippi tracks the population living below the poverty line within that specific age group and state. This metric is widely used by policymakers, researchers, and social service providers to understand the scope and distribution of child poverty in the region.
Methodology
The data is collected through the U.S. Census Bureau's annual surveys and population estimates.
Historical Context
This trend is crucial for informing policies and programs aimed at reducing child poverty and promoting economic mobility in Mississippi.
Key Facts
- Mississippi has one of the highest child poverty rates in the U.S.
- The poverty universe for 5-17 year olds in Mississippi was 27.1% in 2021.
- Child poverty is linked to lower educational attainment and poorer health outcomes.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 5-17 related for Mississippi measures the population of children aged 5-17 living below the poverty line in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the scale and distribution of child poverty in Mississippi, which is essential for policymakers, social service providers, and researchers working to address economic inequalities and promote social mobility.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual surveys and population estimates.
Q: How is this trend used in economic policy?
A: This trend informs policies and programs aimed at reducing child poverty and promoting economic mobility in Mississippi, such as investments in education, healthcare, and social safety net programs.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in the availability of the most recent figures due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Mississippi (PUA5T17RMS28000A647NCEN), retrieved from FRED.