Estimated Percent of People Age 0-17 in Poverty for Indiana
PPU18IN18000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.10
Year-over-Year Change
-33.19%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of people aged 0-17 living in poverty in the state of Indiana. Understanding childhood poverty rates is crucial for policymakers and economists to assess economic well-being and inform social programs.
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 Indiana represents the proportion of the state's youth population that falls below the federally defined poverty threshold. This data point is used to track changes in the economic security of Indiana's families and children over time.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey and American Community Survey.
Historical Context
Trends in childhood poverty are closely monitored by government agencies, researchers, and advocacy groups to guide policy decisions and resource allocation.
Key Facts
- Indiana's childhood poverty rate was 18.4% in 2021.
- Poverty disproportionately affects minority and low-income communities in Indiana.
- 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 aged 0-17 living in poverty in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty rates is crucial for understanding economic well-being and informing social programs and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey and American Community Survey.
Q: How is this trend used in economic policy?
A: Trends in childhood poverty are closely monitored by government agencies, researchers, and advocacy groups to guide policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data is released annually and may have a short delay in availability.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for Indiana (PPU18IN18000A156NCEN), retrieved from FRED.