90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Hawaii
This dataset tracks 90% confidence interval upper bound of estimate of related children age 5-17 in families in poverty for hawaii over time.
Latest Value
27066.00
Year-over-Year Change
-26.00%
Date Range
1/1/1989 - 1/1/2023
Summary
The 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Hawaii measures the maximum value of the estimated proportion of related children aged 5-17 living in poverty-stricken households in Hawaii. This statistic is important for policymakers and economists to assess the extent of childhood poverty 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
This trend represents the upper bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 in Hawaii who reside in families below the poverty line. It provides a conservative estimate of the scale of childhood poverty, which is a key indicator of economic well-being and a driver of long-term outcomes.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is utilized by government agencies, researchers, and policy analysts to gauge the prevalence of child poverty and inform programs and policies aimed at supporting low-income families.
Key Facts
- The 90% confidence interval upper bound represents the maximum plausible value of the estimate.
- Childhood poverty is linked to negative long-term outcomes in education, health, and economic mobility.
- Policymakers use this metric to target anti-poverty initiatives and allocate resources effectively.
FAQs
Q: What does this economic trend measure?
A: This trend measures the maximum possible value of the estimated proportion of related children aged 5-17 living in poverty-stricken households in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for policymakers and economists to assess the scale of childhood poverty in Hawaii and inform policies and programs aimed at supporting low-income families.
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: Government agencies, researchers, and policy analysts utilize this metric to gauge the prevalence of child poverty and develop targeted interventions to support low-income families.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological constraints of the American Community Survey.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Hawaii (PECIUB5T17HI15000A647NCEN), retrieved from FRED.