90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Delaware
This dataset tracks 90% confidence interval upper bound of estimate of people under age 5 in poverty for delaware over time.
Latest Value
9778.00
Year-over-Year Change
-25.69%
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 people under age 5 in poverty in the state of Delaware. It provides important insights into childhood poverty levels and helps inform policymakers and social service providers.
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 Delaware represents the upper limit of the statistical range within which the true number of impoverished children under 5 in the state is likely to fall, with 90% confidence. This metric is a key indicator of economic hardship and vulnerability among the youngest Delawareans.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used by policymakers, researchers, and social service organizations to assess the scale and geographic distribution of childhood poverty and target interventions.
Key Facts
- The upper bound estimate was 11,000 in 2021.
- Delaware's childhood poverty rate is higher than the national average.
- Poverty disproportionately impacts minority and low-income communities in Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimate of people under age 5 in poverty in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale of childhood poverty in Delaware, helping policymakers and social service providers target interventions and support programs.
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 trend is used by policymakers, researchers, and social service organizations to assess the scale and geographic distribution of childhood poverty and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Delaware (PECIUB0T4DE10000A647NCEN), retrieved from FRED.