Poverty Universe, Age 5-17 related for Nebraska
PUA5T17RNE31000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
350,297.00
Year-over-Year Change
9.59%
Date Range
1/1/1998 - 1/1/2023
Summary
This data series tracks the poverty universe, which measures the number of people aged 5-17 in Nebraska. Understanding poverty trends among children is crucial for policymakers and economists to evaluate social welfare programs and economic conditions.
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 is a key metric that reflects the number of individuals in a given population living below the poverty line. This data specifically focuses on children aged 5-17 in the state of Nebraska, providing insights into the economic well-being of families and communities.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Analyzing trends in the poverty universe helps inform decisions about social safety net programs, education funding, and economic development initiatives.
Key Facts
- The poverty universe in Nebraska includes over 200,000 children aged 5-17.
- Nebraska's poverty rate among 5-17 year-olds is below the national average.
- Poverty disproportionately affects certain demographic groups in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals aged 5-17 living below the poverty line in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Understanding child poverty rates is crucial for policymakers and economists to evaluate the effectiveness of social welfare programs and assess the overall economic well-being of communities.
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: Poverty universe data helps inform decisions about social safety net programs, education funding, and economic development initiatives targeting vulnerable populations.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 1-year delay in publication.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Nebraska (PUA5T17RNE31000A647NCEN), retrieved from FRED.