Poverty Universe, Age 0-17 for Pendleton County, WV
PUA0T17WV54071A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,105.00
Year-over-Year Change
-21.63%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the total number of people aged 0-17 living in poverty in Pendleton County, West Virginia. Understanding poverty rates among children is crucial for policymakers and social service providers.
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 Pendleton County, WV data series tracks the total population of minors living below the poverty line in this specific county. This metric helps assess economic hardship and guide the allocation of social welfare resources.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Poverty data is used by governments, nonprofits, and researchers to identify areas of need and evaluate the impacts of economic and social policies.
Key Facts
- Pendleton County has a total population of around 7,000.
- The child poverty rate is significantly higher than the national average.
- Poverty data helps target social services and community development programs.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people aged 0-17 living in poverty in Pendleton County, West Virginia.
Q: Why is this trend relevant for users or analysts?
A: Understanding poverty rates among children is crucial for policymakers and social service providers to identify areas of need and guide the allocation of resources.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Poverty data is used by governments, nonprofits, and researchers to evaluate the impacts of economic and social policies.
Q: Are there update delays or limitations?
A: The American Community Survey data is published annually, so there may be a 1-year delay in the most recent figures.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Pendleton County, WV (PUA0T17WV54071A647NCEN), retrieved from FRED.