Estimated Percent of People Under Age 5 in Poverty for Colorado
PP0T4CO08000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-47.87%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people under age 5 living in poverty in Colorado. It provides valuable insights into economic well-being and informs policy decisions.
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 Estimated Percent of People Under Age 5 in Poverty for Colorado is an economic indicator that tracks the share of young children living below the poverty line in the state. This data is used by policymakers, researchers, and advocacy groups to assess the challenges facing low-income families and target resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend helps inform policies and programs aimed at reducing child poverty and supporting early childhood development.
Key Facts
- Colorado's child poverty rate was 13.4% in 2020.
- The state's child poverty rate has declined by 2.6 percentage points since 2010.
- Reducing child poverty is a key focus for policymakers in Colorado.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people under the age of 5 living in poverty in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of young children in Colorado, which is crucial for informing policies and programs aimed at reducing child poverty and supporting early childhood development.
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 helps inform policies and programs aimed at reducing child poverty and supporting early childhood development in Colorado.
Q: Are there update delays or limitations?
A: The data is typically released annually, with some potential delays in publication.
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Citation
U.S. Federal Reserve, Estimated Percent of People Under Age 5 in Poverty for Colorado (PP0T4CO08000A156NCEN), retrieved from FRED.