Estimated Percent of People Under Age 5 in Poverty for Mississippi
PP0T4MS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.30
Year-over-Year Change
-30.68%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of people under age 5 living in poverty in the state of Mississippi. It provides important insights into childhood poverty levels and economic hardship.
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 Mississippi is a key indicator used by policymakers, researchers, and advocates to assess the economic well-being of young children in the state. It can help identify regions and demographics in need of targeted assistance and support programs.
Methodology
This data is calculated based on U.S. Census Bureau surveys and population estimates.
Historical Context
Trends in childhood poverty are closely monitored by government, nonprofit, and academic institutions to inform policies and allocate resources.
Key Facts
- Mississippi has one of the highest childhood poverty rates in the U.S.
- Poverty can negatively impact child development and educational outcomes.
- Reducing childhood poverty is a key policy goal for many state and local governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people under age 5 who are living in poverty in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty levels is crucial for understanding economic hardship and informing policies and programs to support vulnerable families and children.
Q: How is this data collected or calculated?
A: The data is calculated based on U.S. Census Bureau surveys and population estimates.
Q: How is this trend used in economic policy?
A: Trends in childhood poverty are closely monitored by government, nonprofit, and academic institutions to inform policies and allocate resources aimed at reducing economic hardship for young children.
Q: Are there update delays or limitations?
A: This data is subject to the release schedule and sampling limitations of the underlying Census Bureau surveys.
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Citation
U.S. Federal Reserve, Estimated Percent of People Under Age 5 in Poverty for Mississippi (PP0T4MS28000A156NCEN), retrieved from FRED.