Poverty Universe, Age 5-17 related for North Carolina
PUA5T17RNC37000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,700,699.00
Year-over-Year Change
4.14%
Date Range
1/1/1998 - 1/1/2023
Summary
This trend measures the population of children aged 5-17 living in poverty in North Carolina. It provides critical insights into the economic well-being of families and the challenges facing young people in the state.
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 North Carolina tracks the number of children within that age range who are living below the poverty line. This data is used by policymakers, researchers, and social service providers to understand the state of child poverty and develop targeted interventions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend informs discussions around education, healthcare, and social welfare policy in North Carolina.
Key Facts
- North Carolina's child poverty rate was 19.2% in 2021.
- The number of children aged 5-17 living in poverty in North Carolina has declined since 2010.
- Child poverty disproportionately affects minority communities in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the population of children aged 5-17 living in poverty in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data is critical for understanding the economic well-being of families and the challenges facing young people in North Carolina, informing policy decisions around education, healthcare, and social welfare.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend informs discussions and decision-making around education, healthcare, and social welfare policy in North Carolina.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the American Community Survey, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for North Carolina (PUA5T17RNC37000A647NCEN), retrieved from FRED.