90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for District of Columbia
PECIUB0T4DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,057.00
Year-over-Year Change
-24.88%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in the District of Columbia. It provides insight into the economic well-being of young children in the region.
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 District of Columbia is a statistical indicator that estimates the upper limit of the 90% confidence interval for the percentage of children under 5 living below the poverty line in Washington, D.C. This metric is used by policymakers and analysts to understand the economic challenges facing the district's youngest residents.
Methodology
The data is collected and calculated by the U.S. Census Bureau through statistical modeling and surveys.
Historical Context
This trend is relevant for understanding social and economic policy needs in the District of Columbia.
Key Facts
- The upper bound estimate was 27.3% in 2021.
- Washington, D.C. has higher child poverty than the national average.
- Poverty disproportionately impacts young children in the district.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic challenges facing young children in the District of Columbia, which is important for policymakers and analysts to understand social and economic needs in the region.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through statistical modeling and surveys.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding social and economic policy needs in the District of Columbia, particularly regarding programs and initiatives targeted at reducing child poverty.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in survey sampling and statistical modeling.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for District of Columbia (PECIUB0T4DC11000A647NCEN), retrieved from FRED.