90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Connecticut
This dataset tracks 90% confidence interval upper bound of estimate of people under age 5 in poverty for connecticut over time.
Latest Value
25524.00
Year-over-Year Change
-30.30%
Date Range
1/1/1989 - 1/1/2023
Summary
This series tracks the upper bound of the 90% confidence interval for the estimated share of people under age 5 living in poverty in Connecticut. It provides insight into the potential range of child poverty rates 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 upper bound of the 90% confidence interval represents the highest plausible value for the child poverty rate, given the underlying data and statistical uncertainty. This metric is useful for policymakers and analysts to understand the potential scale of child poverty in Connecticut.
Methodology
The data is calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This trend is relevant for evaluating the economic well-being of Connecticut's youngest residents and informing social policies targeting child poverty.
Key Facts
- The 90% upper bound represents the highest plausible child poverty rate.
- The data is calculated by the U.S. Census Bureau.
- The trend is relevant for policymakers addressing child economic well-being.
FAQs
Q: What does this economic trend measure?
A: This series tracks the upper bound of the 90% confidence interval for the estimated share of people under age 5 living in poverty in Connecticut.
Q: Why is this trend relevant for users or analysts?
A: The upper bound provides insight into the potential scale of child poverty in the state, which is valuable for policymakers and researchers studying economic well-being.
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 metric is relevant for evaluating child poverty and informing social policies targeting economic well-being in Connecticut.
Q: Are there update delays or limitations?
A: As survey data, there may be update delays, and the data represents an estimate with statistical uncertainty.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Connecticut (PECIUB0T4CT09000A647NCEN), retrieved from FRED.