Poverty Universe, All Ages for Nebraska

PUAANE31000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,931,441.00

Year-over-Year Change

7.94%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Nebraska measures the total number of individuals living in poverty within the state. This metric is vital for policymakers to understand the socioeconomic conditions and target resources effectively.

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 Nebraska tracks the total population living below the federal poverty line in the state. It provides a comprehensive view of poverty levels and helps identify areas of need for social programs and economic development initiatives.

Methodology

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

Historical Context

This trend is closely monitored by state governments, nonprofits, and researchers to inform poverty reduction strategies and allocate resources.

Key Facts

  • Nebraska's poverty rate was 11.2% in 2021.
  • Poverty disproportionately affects children and the elderly in Nebraska.
  • The Poverty Universe metric has been tracked since 1960 in the U.S.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Nebraska measures the total number of individuals living below the federal poverty line within the state.

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

A: This metric is vital for policymakers, nonprofits, and researchers to understand the socioeconomic conditions in Nebraska and target resources effectively for 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: This trend is closely monitored by state governments, nonprofits, and researchers to inform poverty reduction strategies and allocate resources.

Q: Are there update delays or limitations?

A: The Poverty Universe data is published annually with a short delay, providing a comprehensive and up-to-date view of poverty levels in Nebraska.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Nebraska (PUAANE31000A647NCEN), retrieved from FRED.