Estimated Percent of People Under Age 5 in Poverty for Utah
PP0T4UT49000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.60
Year-over-Year Change
-47.25%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend estimates the percentage of people under age 5 living in poverty in Utah. It provides key insights into the economic well-being of young children 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 Estimated Percent of People Under Age 5 in Poverty for Utah is a statistical measure that tracks the share of the state's youngest population living below the federal poverty line. This data point is used by policymakers, researchers, and advocates to understand the socioeconomic challenges facing low-income families with young children.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This metric helps inform policy decisions related to early childhood programs, family assistance, and poverty reduction strategies in Utah.
Key Facts
- Utah's child poverty rate is below the national average.
- Poverty disproportionately impacts young children in the state.
- Trends in this metric shape early childhood policy in Utah.
FAQs
Q: What does this economic trend measure?
A: This trend estimates the percentage of people under age 5 living in poverty in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic well-being of young children in Utah, informing policy decisions related to early childhood programs and poverty reduction.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This metric helps shape early childhood and family assistance policies in Utah.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Estimated Percent of People Under Age 5 in Poverty for Utah (PP0T4UT49000A156NCEN), retrieved from FRED.