90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Hawaii

PECIUB0T4HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,870.00

Year-over-Year Change

-42.32%

Date Range

1/1/1989 - 1/1/2023

Summary

This trend measures the upper bound of the 90% confidence interval for the estimate of people under age 5 living in poverty in Hawaii. It provides an important indicator of economic well-being and vulnerability for young children 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 for the poverty estimate of children under 5 in Hawaii offers a statistical range for evaluating economic conditions and hardship faced by the state's youngest residents. This data point is widely used by policymakers, researchers, and social service providers to assess the scale of childhood poverty and target resources accordingly.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

This economic indicator informs policy decisions around family assistance, early childhood programs, and anti-poverty initiatives in Hawaii.

Key Facts

  • Hawaii has the 12th highest child poverty rate in the U.S.
  • The upper bound indicates a maximum of 22.8% of Hawaii's children under 5 live in poverty.
  • Poverty disproportionately impacts Native Hawaiian and Pacific Islander children in Hawaii.

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 living in poverty in Hawaii. It provides a statistical range for evaluating childhood poverty in the state.

Q: Why is this trend relevant for users or analysts?

A: This indicator is widely used by policymakers, researchers, and social service providers to assess the scale of childhood poverty and target resources accordingly in Hawaii.

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 around family assistance, early childhood programs, and anti-poverty initiatives in Hawaii.

Q: Are there update delays or limitations?

A: As with any survey data, there may be lags in reporting and potential margins of error in the estimates.

Related Trends

Citation

U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Hawaii (PECIUB0T4HI15000A647NCEN), retrieved from FRED.