90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Alaska
This dataset tracks 90% confidence interval upper bound of estimate of people under age 5 in poverty for alaska over time.
Latest Value
7254.00
Year-over-Year Change
-23.43%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimate of the number of people under age 5 living in poverty in Alaska. It provides insight into the scale and severity of child 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 Upper Bound of Estimate of People Under Age 5 in Poverty for Alaska represents the upper end of the statistically reliable range for the number of Alaskan children in poverty. This helps policymakers and researchers understand the potential magnitude of this issue and target resources accordingly.
Methodology
The data is calculated using statistical models and survey data from the U.S. Census Bureau.
Historical Context
This trend is relevant for guiding state and federal policies aimed at reducing child poverty.
Key Facts
- The upper bound estimate reached 14,000 children in 2020.
- Alaska has one of the highest child poverty rates in the U.S.
- Poverty disproportionately impacts Indigenous and minority children in Alaska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated number of children under age 5 living in poverty in Alaska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the potential scale of child poverty in Alaska, helping policymakers and researchers understand the magnitude of the issue and target resources effectively.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using statistical models and survey data.
Q: How is this trend used in economic policy?
A: This trend informs state and federal policies aimed at reducing child poverty and supporting low-income families in Alaska.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the confidence interval reflects the inherent uncertainty in survey-based estimates.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Alaska (PECIUB0T4AK02000A647NCEN), retrieved from FRED.