High School Graduate or Higher for Connecticut

GCT1501CT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

91.80

Year-over-Year Change

3.03%

Date Range

1/1/2006 - 1/1/2023

Summary

The 'High School Graduate or Higher for Connecticut' data series measures the percentage of the population in Connecticut aged 25 and over who have attained at least a high school diploma or equivalent degree. This statistic is a key indicator of educational attainment and human capital within the state.

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 data series from the U.S. Census Bureau tracks the share of Connecticut's adult population that has completed high school or earned an equivalency credential. The indicator is widely used by economists, policymakers, and researchers to assess the state's educational profile and workforce readiness.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey, which surveys a representative sample of the population.

Historical Context

The high school graduation rate is an important metric for evaluating the quality of the state's education system and the preparedness of its workforce for employment and higher education.

Key Facts

  • Connecticut's high school graduation rate was 90.4% in 2021.
  • The state's high school graduation rate exceeds the national average of 88.5%.
  • Educational attainment is a key determinant of earning potential and economic mobility.

FAQs

Q: What does this economic trend measure?

A: The 'High School Graduate or Higher for Connecticut' data series measures the percentage of the population in Connecticut aged 25 and over who have attained at least a high school diploma or equivalent degree.

Q: Why is this trend relevant for users or analysts?

A: This indicator is widely used by economists, policymakers, and researchers to assess the state's educational profile and workforce readiness, which are key factors in economic growth and development.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Census Bureau's American Community Survey, which surveys a representative sample of the population.

Q: How is this trend used in economic policy?

A: The high school graduation rate is an important metric for evaluating the quality of the state's education system and the preparedness of its workforce for employment and higher education, which are critical considerations for economic policymakers.

Q: Are there update delays or limitations?

A: The data is updated annually by the U.S. Census Bureau, with the most recent figures typically available within a year of the reference period.

Related Trends

Citation

U.S. Census Bureau, High School Graduate or Higher for Connecticut (GCT1501CT), retrieved from FRED.