Estimated Percent of People Age 0-17 in Poverty for Missouri
PPU18MO29000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.70
Year-over-Year Change
-34.08%
Date Range
1/1/1989 - 1/1/2023
Summary
The Estimated Percent of People Age 0-17 in Poverty for Missouri measures the share of children living below the poverty line in the state. This metric is important for economists and policymakers assessing the economic well-being of Missouri's youth population.
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
This series provides the estimated percentage of Missouri residents aged 0-17 who are living in households with incomes below the federal poverty threshold. It is a key indicator of child poverty and economic hardship in the state.
Methodology
The data is calculated by the U.S. Census Bureau using survey responses and administrative records.
Historical Context
Trends in child poverty rates help inform policies and programs aimed at supporting low-income families and promoting economic opportunity.
Key Facts
- Missouri's child poverty rate was 17.1% in 2021.
- Child poverty disproportionately affects minority and rural communities.
- Reducing child poverty is a key policy goal for many state and federal programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of Missouri residents aged 0-17 who are living in households with incomes below the federal poverty threshold.
Q: Why is this trend relevant for users or analysts?
A: Child poverty rates are an important indicator of economic hardship and well-being, and help inform policies and programs aimed at supporting low-income families in Missouri.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey responses and administrative records.
Q: How is this trend used in economic policy?
A: Trends in child poverty rates help guide state and federal policies and programs designed to promote economic opportunity and support low-income families.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year delay, and may be subject to sampling and survey limitations.
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Citation
U.S. Census Bureau, Estimated Percent of People Age 0-17 in Poverty for Missouri (PPU18MO29000A156NCEN), retrieved from FRED.