Poverty Universe, Age 0-17 for Assumption Parish, LA
PUA0T17LA22007A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,023.00
Year-over-Year Change
-26.60%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the number of children under age 18 living in poverty in Assumption Parish, Louisiana. It provides critical insights into the well-being and economic security of vulnerable young populations in the region.
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 Poverty Universe, Age 0-17 for Assumption Parish, LA trend tracks the total number of individuals under 18 years old living below the poverty line within this specific geographic area. This metric is widely used by policymakers, social service providers, and researchers to understand poverty's impact on child and youth development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is vital for informing policies and programs aimed at reducing childhood poverty and promoting economic opportunity.
Key Facts
- Assumption Parish, LA has a child poverty rate of 28.2%.
- The Poverty Universe trend has declined by 5.3% over the past 5 years.
- Childhood poverty is linked to long-term impacts on health, education, and economic mobility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals under 18 years old living below the poverty line in Assumption Parish, Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides critical insights into the economic well-being of vulnerable young populations, which is vital for informing policies and programs aimed at reducing childhood poverty and promoting economic opportunity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, social service providers, and researchers to understand poverty's impact on child and youth development and to inform policies and programs aimed at reducing childhood poverty.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and limitations typical of American Community Survey estimates.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Assumption Parish, LA (PUA0T17LA22007A647NCEN), retrieved from FRED.