Poverty Universe, All Ages for Indiana County, PA
PUAAPA42063A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76,990.00
Year-over-Year Change
-7.59%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, All Ages for Indiana County, PA' series measures the total number of people living in poverty in Indiana County, Pennsylvania across all age groups. This metric is crucial for understanding the economic well-being and social challenges facing local communities.
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 economic series tracks the total population living below the poverty line in Indiana County, providing a comprehensive view of poverty levels for all age segments. It is an important indicator used by policymakers, researchers, and social service providers to assess the need for anti-poverty initiatives and allocate resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This poverty metric helps inform economic and social policy decisions at the county and state level.
Key Facts
- Indiana County has a population of over 83,000 people.
- The poverty rate in Indiana County is higher than the national average.
- Childhood poverty is a persistent challenge in the county.
FAQs
Q: What does this economic trend measure?
A: The 'Poverty Universe, All Ages for Indiana County, PA' series tracks the total number of people living below the poverty line in Indiana County, Pennsylvania across all age groups.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the economic well-being and social challenges facing Indiana County, and it helps inform policy decisions and the allocation of resources to address poverty in the region.
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 helps inform economic and social policy decisions at the county and state level, enabling policymakers to assess the need for anti-poverty initiatives and allocate resources effectively.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Indiana County, PA (PUAAPA42063A647NCEN), retrieved from FRED.