Poverty Universe, All Ages for Pocahontas County, WV
PUAAWV54075A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,446.00
Year-over-Year Change
-11.70%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the total number of people of all ages living in poverty in Pocahontas County, West Virginia. It is an important indicator for policymakers and researchers assessing economic conditions and social welfare in the region.
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 Pocahontas County, WV trend represents the total population living below the federal poverty line in this specific county. It is used to analyze the prevalence and distribution of poverty and guide policy interventions aimed at reducing economic hardship.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This poverty statistic informs decisions around the allocation of federal and state resources for social programs and economic development initiatives in Pocahontas County.
Key Facts
- Pocahontas County has a population of around 8,400 people.
- The poverty rate in the county is consistently higher than the national average.
- Poverty disproportionately impacts children and the elderly in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people of all ages living in poverty in Pocahontas County, West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This poverty statistic is important for understanding economic conditions and guiding policy decisions that aim to reduce hardship and promote social welfare 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 poverty measure informs the allocation of federal and state resources for social programs and economic development initiatives in Pocahontas County.
Q: Are there update delays or limitations?
A: The data is updated annually with a short delay, and may have margins of error due to sampling methods.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Pocahontas County, WV (PUAAWV54075A647NCEN), retrieved from FRED.