Estimated Percent of People Age 0-17 in Poverty for Montana
PPU18MT30000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.80
Year-over-Year Change
-38.76%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people aged 0-17 living in poverty in the state of Montana. Understanding poverty rates among children is crucial for policymakers and economists to assess economic well-being and guide 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 Montana represents the proportion of the state's child population living below the federal poverty line. This metric provides insight into economic hardship and inequality experienced by Montana's youngest residents, which has important implications for education, healthcare, and social mobility.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Historical Context
Tracking child poverty rates helps inform policy decisions and resource allocation at the state level.
Key Facts
- Montana's child poverty rate was 18.3% in 2020.
- The state's child poverty rate is lower than the national average.
- Poverty disproportionately impacts certain demographics in Montana.
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 Montana.
Q: Why is this trend relevant for users or analysts?
A: Understanding child poverty rates is crucial for policymakers and economists to assess economic well-being and guide social programs in Montana.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: Tracking child poverty rates helps inform policy decisions and resource allocation at the state level in Montana.
Q: Are there update delays or limitations?
A: The data is subject to survey sampling and may have a delay in availability.
Related Trends
Real Gross Domestic Product: Government and Government Enterprises (92) in Montana
MTGOVRGSP
Estimated Percent of People of All Ages in Poverty for Montana
PPAAMT30000A156NCEN
All Employees: Manufacturing: Non-Durable Goods in Montana
SMU30000003200000001
Gross Domestic Product: Educational Services (61) in Montana
MTEDCATNGSP
All Employees: Mining: Mining (except Oil and Gas) in Montana
SMU30000001021200001A
All Employees: Other Services in Montana
MTSRVO
Citation
U.S. Census Bureau, Estimated Percent of People Age 0-17 in Poverty for Montana (PPU18MT30000A156NCEN), retrieved from FRED.