90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for West Virginia
PECILB5T17WV54000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,026.00
Year-over-Year Change
-29.19%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator represents the lower bound of the 90% confidence interval for the estimate of related children aged 5-17 living in poverty in West Virginia. It provides insight into the extent of childhood poverty 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 Related Children Age 5-17 in Families in Poverty for West Virginia measures the lower end of the statistically significant range for the estimate of childhood poverty levels in the state. This data point is used by policymakers and analysts to gauge economic hardship and allocate resources.
Methodology
The data is calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This economic indicator informs policy decisions and program funding related to poverty alleviation and child welfare in West Virginia.
Key Facts
- Represents the lower bound of the 90% confidence interval.
- Provides insight into poverty levels for children aged 5-17.
- Used to inform policy decisions and program funding in West Virginia.
FAQs
Q: What does this economic trend measure?
A: This indicator represents the lower bound of the 90% confidence interval for the estimate of related children aged 5-17 living in poverty in West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by policymakers and analysts to gauge economic hardship and allocate resources related to poverty alleviation and child welfare in West Virginia.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: This economic indicator informs policy decisions and program funding related to poverty alleviation and child welfare in West Virginia.
Q: Are there update delays or limitations?
A: The data is subject to the survey and estimation methodologies used by the U.S. Census Bureau.
Related Trends
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WVGOVFEDCIVRGSP
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WVFARMNGSP
Residential Carbon Dioxide Emissions, Natural Gas for West Virginia
EMISSCO2TOTVRCNGWVA
Average Weekly Earnings of All Employees: Mining and Logging in West Virginia
SMU54000001000000011
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WVARTETRTACCFDNGSP
Personal Consumption Expenditures: Goods: Durable Goods: Other Durable Goods for West Virginia
WVPCEODURG
Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for West Virginia (PECILB5T17WV54000A647NCEN), retrieved from FRED.