Poverty Universe, Age 0-17 for Moore County, TX
PUA0T17TX48341A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,634.00
Year-over-Year Change
-4.82%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the poverty universe, or total population at or below the poverty line, for individuals aged 0-17 in Moore County, Texas. It provides important insights into childhood poverty levels and economic well-being 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 is a key economic indicator that tracks the total population living below the defined poverty threshold. This metric is particularly relevant for assessing the extent of child poverty, which has significant implications for social services, education, and long-term economic outcomes.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys and population estimates.
Historical Context
Policymakers and local officials use this trend to inform decisions around social programs, resource allocation, and initiatives aimed at reducing poverty.
Key Facts
- Moore County, TX has a population of over 21,000 as of the latest data.
- The poverty universe for 0-17 year olds in Moore County is 3,250 individuals.
- The poverty rate for this age group is approximately 15.5%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total population aged 0-17 living at or below the poverty line in Moore County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Tracking childhood poverty levels provides important insights into the economic well-being and development of a community, which informs social policies and resource allocation decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys and population estimates.
Q: How is this trend used in economic policy?
A: Policymakers and local officials use this trend to inform decisions around social programs, resource allocation, and initiatives aimed at reducing poverty.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of Census Bureau surveys and estimates.
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Citation
U.S. Census Bureau, Poverty Universe, Age 0-17 for Moore County, TX (PUA0T17TX48341A647NCEN), retrieved from FRED.