Poverty Universe, Age 0-4 for Utah
PUA0T4UT49000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
226,231.00
Year-over-Year Change
-12.48%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-4 for Utah measures the number of children under 5 years old living in poverty within the state. This metric is crucial for policymakers to understand the economic challenges facing young families.
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
This series tracks the total population of children aged 0-4 years old living below the poverty line in Utah. It provides important insights into the well-being and economic security of the state's youngest residents, which can inform social programs and early childhood initiatives.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend is widely used by state agencies, nonprofits, and researchers to evaluate the effectiveness of poverty reduction efforts and guide resource allocation.
Key Facts
- Utah has one of the lowest child poverty rates in the U.S.
- The Poverty Universe, Age 0-4 for Utah has declined steadily since 2010.
- Investing in early childhood programs can have long-term economic benefits.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-4 for Utah measures the total number of children under 5 years old living below the poverty line within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the economic challenges facing young families in Utah and can inform policymaking and social program development.
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: This trend is widely used by state agencies, nonprofits, and researchers to evaluate the effectiveness of poverty reduction efforts and guide resource allocation.
Q: Are there update delays or limitations?
A: The data is released annually, with a slight delay due to the Census Bureau's data collection and processing timeline.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-4 for Utah (PUA0T4UT49000A647NCEN), retrieved from FRED.