Poverty Universe, Age 0-17 for Day County, SD
PUA0T17SD46037A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,198.00
Year-over-Year Change
-3.70%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the population of individuals aged 0-17 living in poverty in Day County, South Dakota. Tracking childhood poverty trends is crucial for policymakers seeking to address socioeconomic disparities and invest in community development.
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 Day County, SD series provides important data on the number of children living in poverty within this specific geographic area. This metric is widely used by economists, social scientists, and government agencies to analyze regional poverty dynamics and inform policy decisions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty trends among youth are closely monitored by policymakers and researchers to guide funding for education, healthcare, and social services.
Key Facts
- Day County, SD has a population of approximately 5,500 people.
- The childhood poverty rate in Day County was 22.5% in 2020.
- Poverty disproportionately affects rural communities in the United States.
FAQs
Q: What does this economic trend measure?
A: This series measures the population of individuals aged 0-17 living in poverty in Day County, South Dakota.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty trends is crucial for policymakers seeking to address socioeconomic disparities and invest in community development.
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: Poverty trends among youth are closely monitored by policymakers and researchers to guide funding for education, healthcare, and social services.
Q: Are there update delays or limitations?
A: The American Community Survey data is updated annually, with a typical 1-year lag between the survey period and data release.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Day County, SD (PUA0T17SD46037A647NCEN), retrieved from FRED.