Estimate of People Under Age 5 in Poverty for Arizona
PE0T4AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,451.00
Year-over-Year Change
-50.62%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of people under age 5 living in poverty in the state of Arizona. It provides important insights into child poverty levels and the financial well-being of Arizona's youngest residents.
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 Estimate of People Under Age 5 in Poverty for Arizona tracks the number of children below the poverty line in the state. This metric is widely used by policymakers, economists, and advocacy groups to understand economic hardship and guide programs to support low-income families.
Methodology
The data is calculated based on information from the U.S. Census Bureau's American Community Survey.
Historical Context
This trend helps inform social policies and funding decisions related to early childhood development, healthcare, and poverty alleviation in Arizona.
Key Facts
- Arizona's child poverty rate is higher than the national average.
- Early childhood is a critical stage for development and lifelong outcomes.
- Poverty can have lasting impacts on a child's health, education, and future prospects.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of people under age 5 living below the poverty line in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into child poverty levels in Arizona, which is crucial for informing social policies and programs to support low-income families and promote early childhood development.
Q: How is this data collected or calculated?
A: The data is calculated based on information from the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend helps policymakers, economists, and advocacy groups understand economic hardship and guide decisions related to funding and programs for early childhood development, healthcare, and poverty alleviation in Arizona.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the U.S. Census Bureau's American Community Survey.
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Citation
U.S. Federal Reserve, Estimate of People Under Age 5 in Poverty for Arizona (PE0T4AZ04000A647NCEN), retrieved from FRED.