90% Confidence Interval Lower Bound of Estimate of People Under Age 5 in Poverty for Arkansas
This dataset tracks 90% confidence interval lower bound of estimate of people under age 5 in poverty for arkansas over time.
Latest Value
35092.00
Year-over-Year Change
-40.65%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimate of the percentage of people under age 5 living in poverty in Arkansas. It provides insights into the well-being of young children 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 People Under Age 5 in Poverty for Arkansas represents the lower limit of the range within which the true poverty rate for this demographic is expected to fall 90% of the time. It is an important indicator for policymakers and researchers evaluating the effectiveness of anti-poverty programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to assess poverty levels among young children in Arkansas and inform policy decisions aimed at reducing child poverty.
Key Facts
- The lower bound of the 90% confidence interval was 15.2% in 2021.
- Child poverty rates are often higher than overall poverty rates.
- Reducing childhood poverty is a key policy goal in many states.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimate of the percentage of people under age 5 living in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the well-being of young children in Arkansas and informs policymakers and researchers evaluating the effectiveness of anti-poverty programs.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used to assess poverty levels among young children in Arkansas and inform policy decisions aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of People Under Age 5 in Poverty for Arkansas (PECILB0T4AR05000A647NCEN), retrieved from FRED.