Poverty Universe, Age 0-17 for McCook County, SD
PUA0T17SD46087A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,609.00
Year-over-Year Change
18.31%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe, which includes individuals aged 0-17 in McCook County, South Dakota. It provides crucial insights into the economic well-being of the region'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
The poverty universe represents the total number of individuals within a specified age range and geographic area who are considered to be living in poverty. This metric is essential for policymakers and social service providers to understand the scope and distribution of poverty in a community.
Methodology
The data is collected and calculated by the U.S. Census Bureau through comprehensive population surveys.
Historical Context
This trend is widely used to inform social welfare programs, educational initiatives, and community development efforts.
Key Facts
- McCook County has a population of around 5,700 people.
- The poverty universe for ages 0-17 is an important metric for social policy.
- Poverty can have long-lasting impacts on child development and educational outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 0-17 who are considered to be living in poverty within McCook County, South Dakota.
Q: Why is this trend relevant for users or analysts?
A: The poverty universe for youth is a crucial indicator of economic well-being and social conditions in a community, informing policymakers and service providers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through comprehensive population surveys.
Q: How is this trend used in economic policy?
A: This trend is widely used to guide social welfare programs, educational initiatives, and community development efforts aimed at addressing poverty and improving outcomes for youth.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau, but may be subject to collection and reporting delays common for survey-based economic statistics.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for McCook County, SD (PUA0T17SD46087A647NCEN), retrieved from FRED.