BusinessPolitics & Government
Poverty rate hits record low, but other factors remain
The briefing
President Donald Trump has highlighted official Census Bureau data showing the 2025 poverty rate at 10.2%, marking the lowest level since tracking began in 1959. However, experts note that this metric is based on a survey conducted in March 2025, reflecting conditions from the prior administration rather than the current economy. Additionally, the more comprehensive Supplemental Poverty Measure indicates a higher rate of 13.1% for the same year.
#Economy#Poverty#Statistics
Complete extracted text is available to signed-in readers.
Sign in to read it