Estimate of Related Children Age 5-17 in Families in Poverty for Louisiana
PE5T17LA22000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187,668.00
Year-over-Year Change
-12.32%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of related children aged 5-17 living in families in poverty in the state of Louisiana. It provides valuable insights into the economic well-being and vulnerability of Louisiana's youth population.
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 Related Children Age 5-17 in Families in Poverty for Louisiana is a key metric used by economists and policymakers to assess poverty levels among families with school-age children in the state. It helps inform decisions regarding social welfare programs and resource allocation.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is closely monitored by state and federal agencies to evaluate the effectiveness of anti-poverty initiatives and guide policy decisions.
Key Facts
- Louisiana has one of the highest child poverty rates in the United States.
- The poverty rate among related children aged 5-17 in Louisiana is significantly higher than the national average.
- The trend has shown little improvement over the past decade, indicating the persistent challenge of child poverty in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of related children aged 5-17 living in families in poverty in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the economic well-being and vulnerability of Louisiana's youth population, which is crucial for informing social welfare policies and resource allocation.
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 is closely monitored by state and federal agencies to evaluate the effectiveness of anti-poverty initiatives and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological constraints of the American Community Survey.
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Citation
U.S. Federal Reserve, Estimate of Related Children Age 5-17 in Families in Poverty for Louisiana (PE5T17LA22000A647NCEN), retrieved from FRED.