Income me, Poverty ty, a and H nd Health h Insurance ce: 2 : - - PowerPoint PPT Presentation

Income me, Poverty ty, a and H nd Health h Insurance ce: 2 : 2018

September 2019

URL: http://www.census.gov/newsroom/press-kits/2019/income_poverty.html

Presen enter ers

Host Michael C. Cook, Sr. Chief, Public Information Office Presenters David G. Waddington Chief, Social, Economic, and Housing Statistics Division Trudi J. Renwick Assistant Division Chief, Economic Characteristics Liana E. Fox Statistician, Social, Economic, and Housing Statistics Division Laryssa Mykyta Chief, Health and Disability Statistics Branch

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• Data are based on the

Current Population Survey’s Annual Social and Economic Supplement (CPS ASEC) from March 2019.

• CPS ASEC is the official

source of national poverty estimates.

• Official poverty estimates

are calculated in accordance with OMB Statistical Policy Directive 14.

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• Includes data from the Current Population

Survey’s Annual Social and Economic Supplement (CPS ASEC) and the American Community Survey (ACS).

• ACS is the recommended source for smaller

populations and levels of geography.

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Important C CPS A S ASEC Su Survey U Updates

The CPS ASEC has undergone a redesign of the questionnaire and data processing system. Questionnaire design changes incorporated over the period of 2014 to 2016:

• Updated income and means-tested benefit questions
• Redesigned health insurance questions
• Expanded family relationship categories

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Important C CPS A S ASEC Su Survey U Updates

The CPS ASEC has undergone a redesign of the questionnaire and data processing system. Questionnaire design changes incorporated over the period of 2014 to 2016:

• Updated income and means-tested benefit questions
• Redesigned health insurance questions
• Expanded family relationship categories

Data processing changes reflected for the first time this year:

• Improvements to how income data is edited and imputed
• More comprehensive and consistent treatment of families
• Expanded data on health insurance coverage and sources

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Important Reminders for Today’s P Presentations

In today’s presentations:

• Estimates for 2017 and 2018 reflect the updated processing

system.

• 2017 estimates may differ from those published last year.

For more information:

• CPS ASEC Redesign & Processing Changes website:

https://census.gov/data/datasets/time-series/demo/income- poverty/cps-asec-design.html

• Pre-release webinar on improvements to the CPS ASEC and

implications for estimates: https://www.census.gov/data/academy/webinars.html

Real M Median H Household I Income: 1967 to 2018 018

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementationof the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

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Median household income was $63,200 in 2018, not statistically different from the 2017 median, following three consecutive years

• f annual increases.

10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2018 Income in thousands (2018 dollars) Recession

$63, 63,200 00 $47, 47,100 00

Poverty R Rate and Number in P Poverty: 1959 959 to

• 2018

018

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementationof the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2019 Annual Social and Economic Supplements.

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The official poverty rate in 2018 was 11.8 percent, down 0.5 percentage points from 2017. In 2018, there were 38.1 million people in poverty, a decrease of 1.4 million people from 2017.

Percent Recession 5 10 15 20 25 20 25 30 35 40 45 50 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2018 Numbers in millions

Poverty r rate 22.4% 4% 11.8% 8% Num umber i in po n poverty 39.5 5 million 38.1 1 million

13.0 14.2 12.4 13.6 12.8 13.7 12.2 13.6

All People Under 18 years 18 to 64 years 65 years and older

Com

• mparison
• n o
• f SPM P

Pov

• verty Estimates: 2017

017 and 2018 018

Source: U.S. Census Bureau, Current Population Survey, 2018 and 2019 Annual Social and Economic Supplements.

(In Percent) 2018 2017

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The Supplemental Poverty Measure (SPM) rate in 2018 was 12.8 percent. This is not statistically different from the 2017 SPM rate of 13.0 percent.

Note: The data for 2018 reflect the implementation of an updated CPS ASEC processing system. Source: U.S. Census Bureau, Current Population Survey, 2018 Annual Social and Economic Supplement Bridge File and 2019 Annual Social and Economic Supplement.

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The percentage of people without health insurance coverage for the entire calendar year was 8.5 percent, a 0.5 percentage-point increase from

• 2017. In 2018, 27.5 million

people did not have health insurance coverage, an increase

• f 1.9 million people.

2017 2018

Percent Uninsured 8.5 7.9 +0.5

2017 2018

Number Uninsured (in millions) 25.6 27.5 +1.9 million

Health Insurance Cove verage: 2 : 2017 017 and 2018 018

[INTRO VIDEOS & PRESENTATIONS FOR EACH SUBJECT AREA]

• Median household income was $63,200 in 2018, not statistically different from the

2017 median.

• The official poverty rate in 2018 was 11.8 percent, down 0.5 percentage points from
• 2017. In 2018, there were 38.1 million people in poverty, 1.4 million people less than

the number in poverty in 2017.

• The Supplemental Poverty Measure (SPM) rate in 2018 was 12.8 percent. This is not

statistically different from the 2017 SPM rate of 13.0 percent.

• The percentage of people without health insurance coverage for the entire calendar

year was 8.5 percent, a 0.5 percentage-point increase from 2017. In 2018, 27.5 million people did not have health insurance coverage, an increase of 1.9 million people.

High ghligh ghts ts

Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2018 and 2019 Annual Social and Economic Supplements.