Estimate of People of All Ages in Poverty in Hawaii
PEAAHI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143,193.00
Year-over-Year Change
-11.39%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend estimates the number of people of all ages living in poverty in the state of Hawaii. It provides critical insights into the economic well-being and inequality 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 Estimate of People of All Ages in Poverty in Hawaii tracks the total number of individuals living below the poverty line in the state. This metric is closely watched by policymakers, economists, and social service providers to assess the scale and distribution of economic hardship.
Methodology
The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Historical Context
This poverty estimate informs decisions around social programs, infrastructure investments, and economic development policies in Hawaii.
Key Facts
- Hawaii had an estimated 143,000 people in poverty in 2021.
- The poverty rate in Hawaii was 9.8% in 2021, below the national average.
- Poverty disproportionately affects certain demographic groups in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people of all ages living below the poverty line in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This poverty estimate is crucial for understanding economic inequality, informing social programs, and shaping economic development policies in Hawaii.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Q: How is this trend used in economic policy?
A: This poverty estimate informs decisions around social programs, infrastructure investments, and economic development policies in Hawaii.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Estimate of People of All Ages in Poverty in Hawaii (PEAAHI15000A647NCEN), retrieved from FRED.