90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Alaska
This dataset tracks 90% confidence interval lower bound of estimate of people age 0-17 in poverty for alaska over time.
Latest Value
19587.00
Year-over-Year Change
-22.06%
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 number of people aged 0-17 living in poverty in Alaska. It provides important insights into the well-being and economic security of Alaska's youth population.
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 the estimate of people aged 0-17 in poverty for Alaska represents the lower end of the range within which the true poverty rate for this demographic is likely to fall, with 90% confidence. This metric is a key indicator of child and family economic hardship in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for policymakers, social service providers, and economists analyzing poverty and inequality trends in Alaska.
Key Facts
- The 90% confidence interval lower bound represents the minimum likely value of the poverty rate.
- This trend provides insights into the economic security of Alaska's youth population.
- The data is collected through the U.S. Census Bureau's American Community Survey.
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 number of people aged 0-17 living in poverty in Alaska.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of child and family economic hardship in Alaska, providing important insights for policymakers, social service providers, and economists.
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 relevant for policymakers, social service providers, and economists analyzing poverty and inequality trends in Alaska.
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 Age 0-17 in Poverty for Alaska (PECILBU18AK02000A647NCEN), retrieved from FRED.