Estimate of People of All Ages in Poverty in Utah

PEAAUT49000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

302,676.00

Year-over-Year Change

-19.80%

Date Range

1/1/1989 - 1/1/2023

Summary

This economic trend measures the estimated number of people of all ages living in poverty in the state of Utah. It provides important insights into the economic well-being and social welfare of Utah's 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 People of All Ages in Poverty in Utah is a key metric used by economists, policymakers, and social service providers to understand the prevalence and distribution of poverty within the state. It can inform decisions around social programs, resource allocation, and targeted interventions.

Methodology

This data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.

Historical Context

The poverty estimate helps inform discussions around economic policy, social safety nets, and community development in Utah.

Key Facts

  • Utah's poverty rate is lower than the national average.
  • Poverty disproportionately affects certain demographic groups in Utah.
  • The poverty estimate is a key input for distributing federal assistance funds.

FAQs

Q: What does this economic trend measure?

A: This trend measures the estimated number of people of all ages living in poverty within the state of Utah.

Q: Why is this trend relevant for users or analysts?

A: The poverty estimate in Utah is crucial for understanding the economic well-being of the state's population and informing decisions around social programs and resource allocation.

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: The poverty estimate helps inform discussions around economic policy, social safety nets, and community development in Utah.

Q: Are there update delays or limitations?

A: The data is subject to the timelines and methodological limitations of the U.S. Census Bureau's household surveys.

Related Trends

Citation

U.S. Census Bureau, Estimate of People of All Ages in Poverty in Utah (PEAAUT49000A647NCEN), retrieved from FRED.