Poverty Universe, All Ages for New York County, NY
PUAANY36061A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,550,131.00
Year-over-Year Change
-0.08%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for New York County, NY metric tracks the total number of individuals living in poverty within the county, providing key insights into economic conditions and disparities.
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 metric represents the total population living below the federal poverty line in New York County, New York. It is an important economic indicator used by policymakers, researchers, and social service providers to understand the scale and trends of poverty in the region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This poverty metric informs policy decisions and resource allocation for social programs targeting low-income populations.
Key Facts
- New York County has a population of over 1.6 million people.
- The poverty rate in New York County is higher than the national average.
- Poverty disproportionately affects certain demographic groups in the county.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total number of individuals living below the federal poverty line in New York County, New York.
Q: Why is this trend relevant for users or analysts?
A: This poverty metric is crucial for understanding economic conditions and disparities within the county, informing policy decisions and resource allocation for social programs.
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 poverty metric is used by policymakers, researchers, and social service providers to target resources and interventions for low-income populations in New York County.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months before the latest figures are released.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for New York County, NY (PUAANY36061A647NCEN), retrieved from FRED.