90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hawaii
This dataset tracks 90% confidence interval lower bound of estimate of median household income for hawaii over time.
Latest Value
94413.00
Year-over-Year Change
54.52%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides the lower bound of the 90% confidence interval for the estimate of median household income in Hawaii. It offers insights into the distribution and variability of incomes in 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
The 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hawaii represents the lower end of the range in which the true median household income in Hawaii is likely to fall, with 90% confidence. This data point is used by economists and policymakers to understand income dynamics and inequality within the state.
Methodology
The data is calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This metric is relevant for analyzing regional economic conditions and informing policy decisions related to income, taxation, and social welfare programs.
Key Facts
- The lower bound was $57,927 in 2021.
- This indicates a high degree of income variability in Hawaii.
- The metric is used to assess economic well-being and guide policy.
FAQs
Q: What does this economic trend measure?
A: This indicator provides the lower bound of the 90% confidence interval for the estimate of median household income in Hawaii. It reflects the variability in incomes across the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding income dynamics, inequality, and economic conditions within Hawaii. It informs policy decisions related to taxation, social welfare, and regional economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on survey responses from households in Hawaii.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, policymakers, and market analysts to assess regional economic well-being and guide decisions on income-related policies and programs.
Q: Are there update delays or limitations?
A: The data is released annually with a lag, so there may be a delay in reflecting the most recent economic conditions in Hawaii.
Related News
U.S. Stock Indices Rebound After Tech Stocks' Recent Decline
US Stock Indices Rebound: Understanding the Market Recovery The recent surge in the US stock market marks a significant upturn, with key indices such as the Nasdaq and S&P 500 leading this recovery. The primary metric underpinning these shifts is the civilian employment-to-population ratio, reflecting positive economic momentum. This boost in indices can be linked to a complex interplay of factors, including recent economic data, renewed market optimism, and evolving investor behavior, casting
U.S. GDP Growth to Slow Due to Tariffs and Immigration Policies
How Tariffs and Immigration Policies Influence U.S. GDP Growth in 2025 The U.S. GDP is a fundamental gauge of the country's economic health. Recent forecasts have raised concerns about a GDP slowdown, suggesting that trade tariffs and lower immigration might be key factors. According to economic forecasts and OECD reports, these issues are becoming centers of focus. Trade policies and immigration rules heavily impact the economic prediction landscape. Challenged by decreasing GDP figures, trade
US Housing Giant Hopes Fed Policies Boost Sagging Profits
Revitalizing S&P 500 Housing with Federal Reserve Policies The primary keyword, "Treasury Yield," has become an increasingly critical focus within the realm of the S&P 500 housing market. Current fluctuations in bond rates, particularly the 10-year bond rate, are causing waves in the already volatile US housing market. This situation is marked by a profit decline experienced by major housing giants, as economic uncertainty steers investor confidence. The Federal Reserve's policies and interest
U.S. Treasury Yields Rise After Fed Rate Cut Analysis
Treasury Yields Surge: A Curious Twist in Monetary Policy Amid a surprising financial twist, the current 10 year treasury rate is on the rise even as the Federal Reserve cuts interest rates. This unexpected development has economists scratching their heads, as typically, a cut in the Federal funds rate leads to lower yields. Treasury yields represent the interest rate the government pays bondholders, functioning as a vital signpost for the health of the economy. Generally perceived as one of th
Federal Reserve rate cuts forecast and S&P 500 market reaction
How Federal Reserve Rate Cuts Shape the Economic Landscape The Federal Reserve's decisions impact the financial environment in various ways, often triggering shifts that ripple throughout the economy. The act of altering the effective federal funds rate influences a broad spectrum of financial metrics, including the S&P 500. Notably, these changes have repercussions for market volatility, investor confidence, and the broader economic outlook. Understanding these connections helps place today's
Federal Reserve reduces U.S. interest rates, plans further cuts in 2025
Federal Reserve's Strategic Interest Rate Cut in Focus The Federal Reserve's strategic interest rate cut is a significant move in today's economic climate. As the central banking system of the United States, the Federal Reserve plays a crucial role in setting monetary policy to influence the nation's economy. An interest rate cut defines the decision to lower the cost of borrowing, typically aimed at stimulating economic growth. This latest decision could have considerable effects on the U.S. e
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hawaii (MHICILBHI15000A052NCEN), retrieved from FRED.