90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Arizona
PECILB5T17AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,713.00
Year-over-Year Change
-42.07%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in poverty in Arizona. It provides a reliable estimate of poverty levels among this vulnerable population segment.
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 Related Children Age 5-17 in Families in Poverty for Arizona is a key metric used by policymakers and researchers to assess economic hardship and plan interventions targeting low-income families with school-age children.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This poverty estimate helps inform state-level policies and funding decisions related to social services, education, and community development.
Key Facts
- Arizona's 90% confidence interval lower bound for child poverty was 16.7% in 2020.
- Poverty disproportionately affects children, with higher rates than the general population.
- Childhood poverty is linked to long-term negative outcomes in education, health, and economic mobility.
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 related children aged 5-17 living in poverty in Arizona.
Q: Why is this trend relevant for users or analysts?
A: This poverty estimate is a key metric used by policymakers and researchers to assess economic hardship and plan interventions targeting low-income families with school-age children.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: This poverty estimate helps inform state-level policies and funding decisions related to social services, education, and community development.
Q: Are there update delays or limitations?
A: The data is published annually, with a slight delay as it is collected through the Census Bureau's survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Arizona (PECILB5T17AZ04000A647NCEN), retrieved from FRED.