90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for District of Columbia
PECILBU18DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,852.00
Year-over-Year Change
-25.56%
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 people aged 0-17 living in poverty in Washington, D.C. It provides insight into child poverty levels in the nation's capital.
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 People Age 0-17 in Poverty for District of Columbia represents the lowest plausible value for the percentage of children living in poverty in D.C., based on statistical analysis. This metric helps policymakers and analysts understand the scale and severity of child poverty in the region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This economic indicator informs policy decisions related to social welfare programs and poverty alleviation efforts in Washington, D.C.
Key Facts
- The lower bound was 18.3% in 2021.
- Child poverty disproportionately affects minority communities in D.C.
- Reducing child poverty is a key policy goal for the district government.
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 Washington, D.C.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and severity of child poverty in the nation's capital, informing policymakers and analysts on social welfare needs and poverty alleviation efforts.
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 economic indicator informs policy decisions related to social welfare programs and poverty alleviation efforts in Washington, D.C.
Q: Are there update delays or limitations?
A: The data may be subject to delays in publication and statistical limitations inherent in survey-based estimates.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for District of Columbia (PECILBU18DC11000A647NCEN), retrieved from FRED.