Poverty Universe, Age 0-17 for North Carolina
PUA0T17NC37000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,296,635.00
Year-over-Year Change
1.55%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the number of people aged 0-17 living in poverty in North Carolina. It is an important indicator for policymakers and researchers studying poverty, child welfare, and regional economic conditions.
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 North Carolina metric tracks the total number of individuals under 18 years old living below the poverty line in the state. This data provides insights into the prevalence and distribution of childhood poverty, which has significant implications for education, health, and social services.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely used by government agencies, nonprofits, and academic researchers to assess poverty's impact and inform policies aimed at supporting low-income families and children.
Key Facts
- North Carolina's childhood poverty rate was 19.1% in 2021.
- Poverty disproportionately affects children of color in North Carolina.
- Reducing childhood poverty is a key policy goal for the state.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for North Carolina metric tracks the total number of individuals under 18 years old living below the poverty line in the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the prevalence and distribution of childhood poverty, which has significant implications for education, health, and social services in North Carolina.
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 widely used by government agencies, nonprofits, and academic researchers to assess poverty's impact and inform policies aimed at supporting low-income families and children.
Q: Are there update delays or limitations?
A: The data is updated annually, with the most recent figures available for 2021.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for North Carolina (PUA0T17NC37000A647NCEN), retrieved from FRED.