90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Georgia
This dataset tracks 90% confidence interval upper bound of estimate of people of all ages in poverty for georgia over time.
Latest Value
1506720.00
Year-over-Year Change
-19.28%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated poverty rate among all ages in Georgia. It provides important insights into the economic well-being and social dynamics within 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 of Estimate of People of All Ages in Poverty for Georgia represents the upper limit of the statistical range within which the true poverty rate is expected to fall, with 90% confidence. This metric is widely used by policymakers and researchers to assess the scale and distribution of poverty in a given region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is crucial for informing social and economic policies aimed at reducing poverty and promoting economic inclusion in Georgia.
Key Facts
- The upper bound of the 90% confidence interval reached its highest point in 2011.
- Georgia's upper bound poverty rate is consistently higher than the national average.
- Poverty disproportionately affects certain demographic groups in Georgia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated poverty rate among all ages in Georgia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the scale and distribution of poverty in Georgia, informing policymakers and researchers on issues of economic inequality and social welfare.
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 social and economic policies aimed at reducing poverty and promoting economic inclusion in Georgia.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Georgia (PECIUBAAGA13000A647NCEN), retrieved from FRED.