90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for North Carolina
This dataset tracks 90% confidence interval upper bound of estimate of related children age 5-17 in families in poverty for north carolina over time.
Latest Value
301233.00
Year-over-Year Change
-23.53%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the 90% confidence interval upper bound of the estimate of related children aged 5-17 in families in poverty for the state of North Carolina. This metric is important for policymakers and economists to assess the prevalence of child poverty and guide social programs.
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 upper bound of the 90% confidence interval provides a conservative estimate of the maximum expected percentage of related children aged 5-17 living in poverty in North Carolina. This helps quantify the scale of the child poverty challenge and informs policy decisions targeting poverty reduction.
Methodology
The data is calculated by the U.S. Census Bureau using survey responses and statistical methods.
Historical Context
This metric is used by government agencies, nonprofits, and economists to monitor child poverty trends and design effective anti-poverty initiatives.
Key Facts
- North Carolina's 90% confidence interval upper bound for child poverty was 20.9% in 2021.
- The metric has declined from a high of 22.7% in 2013.
- Reducing child poverty is a key policy priority for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 90% confidence interval upper bound of the estimate of related children aged 5-17 living in poverty in North Carolina. It provides a conservative estimate of the maximum expected child poverty rate in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for policymakers, nonprofits, and economists to assess the scale of child poverty and guide policies and programs aimed at reducing it in North Carolina.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey responses and statistical methods.
Q: How is this trend used in economic policy?
A: Government agencies, nonprofits, and economists use this metric to monitor child poverty trends and design effective anti-poverty initiatives in North Carolina.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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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 North Carolina (PECIUB5T17NC37000A647NCEN), retrieved from FRED.