Estimated Percent of People of All Ages in Poverty for Missouri
PPAAMO29000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
-24.05%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people of all ages living in poverty in the state of Missouri. It provides important insights into economic well-being and living standards 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 of All Ages in Poverty for Missouri is a key economic indicator that tracks the proportion of the state's population with incomes below the federally defined poverty threshold. This data is used by policymakers, researchers, and the public to assess the prevalence of poverty and target anti-poverty initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty estimates are critical for informing policy decisions and allocating resources to support low-income communities.
Key Facts
- Missouri's poverty rate was 14.6% in 2021.
- Poverty disproportionately affects children and the elderly in Missouri.
- The state's poverty rate is slightly higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people of all ages living in poverty in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: Poverty estimates are critical for informing policy decisions and allocating resources to support low-income communities in Missouri.
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: Policymakers, researchers, and the public use this data to assess the prevalence of poverty and target anti-poverty initiatives in Missouri.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 year lag, and may be subject to sampling error or changes in survey methodology.
Related Trends
Transportation Carbon Dioxide Emissions, Lubricants for Missouri
EMISSCO2VLUACBMOA
Home Vacancy Rate for Missouri
MOHVAC
Production or Nonsupervisory Employees: Construction in Missouri
SMU29000002000000006
Unemployment Rate in Missouri
MOUR
Earnings by Place of Work in Missouri
MOEPLA
Gross Domestic Product: Manufacturing (31-33) in Missouri
MOMANNQGSP
Citation
U.S. Federal Reserve, Estimated Percent of People of All Ages in Poverty for Missouri (PPAAMO29000A156NCEN), retrieved from FRED.