90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Arkansas
PECILBU18AR05000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132,654.00
Year-over-Year Change
-29.35%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the lower bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Arkansas. It provides a robust statistical measure of child poverty levels 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 for the estimate of people aged 0-17 in poverty in Arkansas is a key metric used by economists, policymakers, and social service providers to analyze and address childhood poverty in the state. It represents the lower limit of the plausible range for the true poverty rate.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This metric informs policy decisions and resource allocation related to childhood poverty and well-being in Arkansas.
Key Facts
- The 90% confidence interval represents a plausible range for the true poverty rate.
- The lower bound indicates the minimum level of child poverty in Arkansas.
- This metric is used to track trends and target resources for poverty reduction.
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 aged 0-17 living in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a robust statistical measure of childhood poverty levels in Arkansas, informing policy decisions and resource allocation related to child well-being.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and social service providers to analyze and address childhood poverty in Arkansas.
Q: Are there update delays or limitations?
A: The data may be subject to survey limitations and delays in publication by the Census Bureau.
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Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Arkansas (PECILBU18AR05000A647NCEN), retrieved from FRED.