Related Articles The number of Americans struggling to get by has increased in the past few years. The produces annual poverty estimates to measure the economic well-being of households, families and individuals. The report offers the official poverty measure and the supplemental poverty measure. The official figure, produced since the 1960s, defines poverty by comparing pretax income to a national threshold adjusted by family composition. This is used to determine eligibility for several government programs and has been used as a benchmark of economic well-being since its adoption. The official poverty rate in 2022 was 11.5%,…
