90% Confidence Interval Lower Bound of Estimate of People Under Age 5 in Poverty for Hawaii
PECILB0T4HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,190.00
Year-over-Year Change
-45.92%
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 Hawaii. It provides insight into child poverty levels and economic well-being 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 Hawaii is a statistical measure that indicates the lower range of the estimated percentage of young children living below the poverty line in the state. This metric helps policymakers and analysts assess the economic conditions and social needs of Hawaii's youngest residents.
Methodology
The data is collected and calculated by the U.S. Census Bureau as part of its poverty estimates program.
Historical Context
This trend is used to inform social welfare policies and allocate resources for programs targeting child poverty in Hawaii.
Key Facts
- Hawaii has the 8th highest child poverty rate in the U.S.
- The lower bound of the 90% confidence interval was 12.9% in 2020.
- Child poverty rates are higher in rural areas of Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic well-being of young children in Hawaii, which is important for informing social welfare policies and programs targeting child poverty.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau as part of its poverty estimates program.
Q: How is this trend used in economic policy?
A: This trend is used to inform social welfare policies and allocate resources for programs targeting child poverty in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to the limitations of the Census Bureau's poverty estimation methodology and may have update delays.
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Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of People Under Age 5 in Poverty for Hawaii (PECILB0T4HI15000A647NCEN), retrieved from FRED.