Estimated Percent of People Age 0-17 in Poverty for Colorado
PPU18CO08000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.90
Year-over-Year Change
-38.42%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people aged 0-17 living in poverty in Colorado. It is an important economic indicator for understanding the well-being of children and families 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 Age 0-17 in Poverty for Colorado tracks the proportion of the state's youth population living below the federal poverty line. This metric provides insight into the economic security and access to resources for Colorado's children and adolescents.
Methodology
The data is estimated by the U.S. Census Bureau based on survey responses and demographic information.
Historical Context
This trend is used by policymakers, researchers, and advocates to monitor child poverty levels and inform decisions around social programs and economic development.
Key Facts
- Colorado's child poverty rate was 12.1% in 2021.
- The national child poverty rate was 16.9% in 2021.
- Poverty can impact children's health, education, and overall well-being.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people aged 0-17 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 security and well-being of Colorado's youth population, which is crucial for informing policy decisions and social programs.
Q: How is this data collected or calculated?
A: The data is estimated by the U.S. Census Bureau based on survey responses and demographic information.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and advocates use this trend to monitor child poverty levels and inform decisions around social programs and economic development in Colorado.
Q: Are there update delays or limitations?
A: The data is released annually with a delay, and the estimates may be subject to sampling and other statistical uncertainties.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for Colorado (PPU18CO08000A156NCEN), retrieved from FRED.