Poverty Universe, All Ages for San Bernardino County, CA

PUAACA06071A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,154,679.00

Year-over-Year Change

6.47%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for San Bernardino County, CA measure tracks the number of individuals living below the federal poverty line in the county. This metric is crucial for policymakers and economists to assess the economic well-being of the local population.

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 San Bernardino County, CA represents the total number of people residing in the county whose income falls below the federally defined poverty threshold. This data is used to evaluate the prevalence and distribution of poverty in the region.

Methodology

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

Historical Context

This metric informs decisions around social service funding, economic development programs, and other policy initiatives aimed at reducing poverty.

Key Facts

  • San Bernardino County has a population of over 2 million people.
  • The poverty rate in the county exceeds the national average.
  • Poverty disproportionately affects certain demographic groups in the region.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for San Bernardino County, CA measures the total number of individuals living below the federal poverty line within the county.

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

A: This metric is crucial for understanding the economic well-being of the local population and informing policy decisions around social services, economic development, and poverty reduction initiatives.

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: Policymakers and economists utilize this data to evaluate the prevalence and distribution of poverty in the region, which informs decisions around funding for social services and economic development programs.

Q: Are there update delays or limitations?

A: The data is updated annually, and there may be a lag of several months between the end of the reference period and the data release.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for San Bernardino County, CA (PUAACA06071A647NCEN), retrieved from FRED.