Poverty Universe, All Ages for Carroll County, AR

PUAAAR05015A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

28,528.00

Year-over-Year Change

4.91%

Date Range

1/1/1998 - 1/1/2023

Summary

This trend measures the total number of individuals of all ages living in poverty in Carroll County, Arkansas. Understanding poverty levels is crucial for policymakers to allocate resources and address economic disparities.

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, All Ages for Carroll County, AR data series tracks the total population living below the poverty line in this specific county. This metric is widely used by economists and local government to assess economic conditions and need for social services.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

Poverty data informs decisions around social welfare programs, infrastructure investments, and economic development initiatives.

Key Facts

  • Carroll County, AR has a population of around 28,000 as of the latest data.
  • The poverty rate in Carroll County is higher than the national average.
  • Poverty data helps target resources for education, job training, and social services.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of individuals of all ages living below the poverty line in Carroll County, Arkansas.

Q: Why is this trend relevant for users or analysts?

A: Poverty data is crucial for policymakers and economic analysts to understand local economic conditions and allocate resources for 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: Poverty data informs decisions around social welfare programs, infrastructure investments, and economic development initiatives at the local level.

Q: Are there update delays or limitations?

A: The data is published annually with some lag, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Carroll County, AR (PUAAAR05015A647NCEN), retrieved from FRED.