Poverty Universe, Age 5-17 related for Missouri
PUA5T17RMO29000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
994,128.00
Year-over-Year Change
-0.49%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 5-17 related for Missouri measures the percentage of individuals aged 5 to 17 living in poverty in the state. This metric is crucial for understanding economic conditions and guiding policy decisions affecting children and 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 indicator tracks the share of Missouri's youth population living below the federal poverty line, which is an important benchmark for evaluating the well-being of local communities. The data is used by policymakers, researchers, and social service providers to identify areas of need and allocate resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in child poverty rates inform policy decisions related to education, healthcare, and social welfare programs.
Key Facts
- Missouri's youth poverty rate was 16.4% in 2021.
- Child poverty disproportionately affects certain racial and ethnic groups.
- Poverty can have long-term impacts on educational attainment and health outcomes.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 5-17 related for Missouri measures the percentage of individuals aged 5 to 17 living in poverty within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the economic well-being of Missouri's children and families, and it informs policy decisions related to education, healthcare, and social welfare programs.
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: Trends in child poverty rates are used by policymakers, researchers, and social service providers to identify areas of need and allocate resources effectively.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Missouri (PUA5T17RMO29000A647NCEN), retrieved from FRED.