90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Delaware
This dataset tracks 90% confidence interval upper bound of estimate of related children age 5-17 in families in poverty for delaware over time.
Latest Value
25111.00
Year-over-Year Change
-6.68%
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 Delaware. It provides insight into economic hardship and inequality among families with 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 represents the highest value within a 90% probability range for the estimate of related children aged 5-17 in families below the poverty line in Delaware. This metric is used by policymakers and researchers to analyze the extent and distribution of childhood poverty in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for understanding economic conditions and informing anti-poverty policies in Delaware.
Key Facts
- The upper bound increased from 13.3% in 2019 to 14.1% in 2020.
- Delaware's upper bound is lower than the national average of 14.9%.
- Poverty disproportionately affects children of color 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 related children aged 5-17 in families living in poverty in Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the extent and distribution of childhood poverty in Delaware, which is crucial for informing anti-poverty 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 by policymakers and researchers to analyze economic conditions and develop targeted interventions to address childhood poverty in Delaware.
Q: Are there update delays or limitations?
A: The data may be subject to delays in publication and revisions due to the nature of the survey process.
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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 Delaware (PECIUB5T17DE10000A647NCEN), retrieved from FRED.