90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for District of Columbia
PECILB5T17DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,544.00
Year-over-Year Change
-25.60%
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 the District of Columbia. It provides a conservative estimate of child poverty levels and is a key indicator for social welfare policy.
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 represents the lowest plausible value for the true percentage of impoverished children in a given region, based on survey data. Economists and policymakers use this metric to understand the scale of child poverty and target assistance programs.
Methodology
The data is collected through the U.S. Census Bureau's annual Current Population Survey.
Historical Context
This poverty metric informs federal and local policies aimed at reducing child deprivation and promoting economic mobility.
Key Facts
- This trend provides a conservative estimate of child poverty in DC.
- The lower bound indicates the minimum plausible rate of impoverished children.
- Poverty data informs social programs and economic policies.
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 the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval lower bound provides a conservative estimate of child poverty levels, which is crucial for informing social welfare policies and programs aimed at reducing deprivation and promoting economic mobility.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual Current Population Survey.
Q: How is this trend used in economic policy?
A: This poverty metric is used by federal and local policymakers to understand the scale of child poverty and target assistance programs in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in publication.
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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 District of Columbia (PECILB5T17DC11000A647NCEN), retrieved from FRED.