Estimated Percent of People of All Ages in Poverty for Mississippi
PPAAMS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.30
Year-over-Year Change
-19.74%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of people of all ages living in poverty in the state of Mississippi. It provides valuable insights into the state's economic and social well-being.
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 Mississippi is a key indicator used by policymakers, researchers, and the public to understand the level of poverty in the state. It helps inform decisions and policies aimed at addressing economic disparities and improving the standard of living.
Methodology
The data is collected and calculated by the U.S. Census Bureau using survey information and statistical modeling.
Historical Context
This trend is widely used to assess the effectiveness of anti-poverty programs and guide the allocation of resources and support services.
Key Facts
- Mississippi has consistently had one of the highest poverty rates in the United States.
- The poverty rate in Mississippi is often double the national average.
- Reducing poverty is a key priority for policymakers in the state.
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 Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the level of economic hardship and inequality in Mississippi, which is essential for policymakers, researchers, and the public to address poverty and improve living standards.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using survey information and statistical modeling.
Q: How is this trend used in economic policy?
A: This trend is widely used to assess the effectiveness of anti-poverty programs and guide the allocation of resources and support services in Mississippi.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some lag in the most recent figures being available.
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Citation
U.S. Census Bureau, Estimated Percent of People of All Ages in Poverty for Mississippi (PPAAMS28000A156NCEN), retrieved from FRED.