90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Connecticut
This dataset tracks 90% confidence interval upper bound of estimate of related children age 5-17 in families in poverty for connecticut over time.
Latest Value
72585.00
Year-over-Year Change
-15.15%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 in families living in poverty in Connecticut. It provides a statistical measure of economic hardship among low-income families with school-aged 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 related children aged 5-17 in families in poverty is a key indicator of economic well-being and financial strain among low-income households in Connecticut. It helps policymakers and analysts assess the extent of childhood poverty and guide social welfare programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to inform state-level economic and social policies targeting poverty reduction and family support.
Key Facts
- The trend reached its highest point of 18.2% in 2010.
- The 90% confidence interval allows for statistical uncertainty in the poverty estimate.
- Reducing childhood poverty is a key policy goal in Connecticut.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 in families living in poverty in Connecticut.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval upper bound for related children in poverty is a key indicator of economic hardship among low-income families with school-aged children in Connecticut, helping to inform social welfare policies and 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 to inform state-level economic and social policies targeting poverty reduction and family support in Connecticut.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Connecticut (PECIUB5T17CT09000A647NCEN), retrieved from FRED.