Poverty Universe, All Ages for Glenn County, CA
PUAACA06021A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,934.00
Year-over-Year Change
0.58%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Glenn County, CA measures the total population living below the poverty line in this California county. This statistic is crucial for policymakers and social service providers to understand the economic well-being of the local community.
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 metric represents the total number of individuals of all ages living in households with incomes below the federal poverty threshold in Glenn County, California. This data helps inform decisions around the allocation of public resources and social programs.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Poverty rate trends are closely monitored by economists and policymakers to assess economic conditions and the effectiveness of anti-poverty initiatives.
Key Facts
- Glenn County, CA had a poverty rate of 14.5% in 2021.
- The Poverty Universe includes all individuals, not just those in specific age groups.
- Poverty data helps target social programs and guide economic policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Glenn County, CA measures the total population living below the federal poverty line in this California county.
Q: Why is this trend relevant for users or analysts?
A: Poverty data is crucial for policymakers and social service providers to understand the economic well-being of local communities and guide the allocation of public resources and social programs.
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 rate trends are closely monitored by economists and policymakers to assess economic conditions and the effectiveness of anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The Poverty Universe data is published annually with a delay, reflecting the timeline of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Glenn County, CA (PUAACA06021A647NCEN), retrieved from FRED.