90% Confidence Interval Upper Bound of Estimate of People of All Ages in Poverty for Hawaii
This dataset tracks 90% confidence interval upper bound of estimate of people of all ages in poverty for hawaii over time.
Latest Value
149856.00
Year-over-Year Change
-11.11%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimate of the poverty rate for people of all ages in Hawaii. It provides important context for understanding the scale and uncertainty around 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
The 90% confidence interval upper bound for the Hawaii poverty rate estimate represents the highest plausible value for the true poverty rate, given the data and statistical methods used. This metric helps policymakers and analysts gauge the potential magnitude of poverty in the state and track changes over time.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to inform policy decisions and resource allocation related to poverty alleviation in Hawaii.
Key Facts
- The upper bound represents the highest plausible poverty rate in Hawaii.
- The trend helps quantify uncertainty around poverty estimates.
- Policymakers use this metric to guide poverty reduction efforts.
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 for people of all ages in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric helps policymakers and analysts understand the potential scale and uncertainty around poverty in Hawaii, informing policy decisions and resource allocation.
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 guide poverty reduction efforts and inform policy decisions related to resource allocation and program targeting in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and 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 Hawaii (PECIUBAAHI15000A647NCEN), retrieved from FRED.