Poverty Universe, All Ages for Saginaw County, MI
PUAAMI26145A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182,143.00
Year-over-Year Change
-5.37%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Saginaw County, MI measures the total population living below the poverty line in Saginaw County, Michigan. This metric is critical for understanding regional economic well-being and informing policy decisions.
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 Saginaw County, MI represents the total number of individuals of all ages living in poverty within Saginaw County. Economists and policymakers use this data to assess the economic conditions and need for social services in the local area.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The Poverty Universe trend provides important context for evaluating the economic health and social programs in Saginaw County.
Key Facts
- Saginaw County has a population of over 190,000 as of the latest data.
- The poverty rate in Saginaw County is higher than the national average.
- Poverty data is essential for allocating social services and infrastructure.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Saginaw County, MI measures the total number of individuals living below the poverty line in Saginaw County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: This trend provides critical insight into the economic conditions and need for social services in the Saginaw County region, informing policy decisions and resource allocation.
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 is used by economists, policymakers, and social service providers to understand regional economic well-being and allocate resources accordingly.
Q: Are there update delays or limitations?
A: The Poverty Universe data is updated annually through the American Community Survey, with a slight delay in availability.
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Citation
U.S. Census Bureau, Poverty Universe, All Ages for Saginaw County, MI (PUAAMI26145A647NCEN), retrieved from FRED.