Poverty Universe, All Ages for Suffolk County, MA
PUAAMA25025A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
723,178.00
Year-over-Year Change
4.99%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Suffolk County, MA trend measures the total population living below the poverty line in this region. It is a key indicator for understanding socioeconomic conditions and guiding policymakers.
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 represents the total population of all ages living in poverty within Suffolk County, Massachusetts. It is a crucial metric for assessing the overall standard of living and economic security in the region.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend informs policymakers and community organizations working to address poverty and improve quality of life.
Key Facts
- Suffolk County is home to Boston, the largest city in Massachusetts.
- The poverty rate in Suffolk County is higher than the national average.
- Addressing poverty is a key priority for local and state policymakers.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Suffolk County, MA trend measures the total population living below the poverty line in this region.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator for understanding socioeconomic conditions and guiding policymakers in their efforts to address poverty and improve quality of life in the region.
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 informs policymakers and community organizations working to address poverty and improve standard of living in Suffolk County, Massachusetts.
Q: Are there update delays or limitations?
A: The data is updated annually through the American Community Survey, with some potential delays in availability.
Related Trends
Poverty Universe, All Ages for Newton County, MS
PUAAMS28101A647NCEN
Poverty Universe, Age 5-17 related for Schuyler County, NY
PUA5T17RNY36097A647NCEN
Poverty Universe, All Ages for Floyd County, TX
PUAATX48153A647NCEN
Poverty Universe, Age 5-17 related for Mason County, WA
PUA5T17RWA53045A647NCEN
Poverty Universe, Age 0-17 for Silver Bow County, MT
PUA0T17MT30093A647NCEN
Poverty Universe, Age 5-17 related for Martin County, MN
PUA5T17RMN27091A647NCEN
Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Suffolk County, MA (PUAAMA25025A647NCEN), retrieved from FRED.