90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Arkansas

PECIUBU18AR05000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

147,636.00

Year-over-Year Change

-26.45%

Date Range

1/1/1989 - 1/1/2023

Summary

This economic trend measures the 90% confidence interval upper bound of the estimate of the number of people aged 0-17 living in poverty in the state of Arkansas. It provides insight into the scale of child poverty in the state and is a key indicator for policymakers and social service providers.

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 the estimate of people aged 0-17 in poverty for Arkansas represents the upper limit of the range in which we can be 90% confident the true value lies. This metric helps quantify the uncertainty around poverty estimates and informs targeted policy responses.

Methodology

The data is collected and calculated by the U.S. Census Bureau through the American Community Survey.

Historical Context

This trend is used by economists, policymakers, and social service organizations to understand the scale of child poverty and inform programs and interventions.

Key Facts

  • The upper bound of the 90% confidence interval for child poverty in Arkansas was 21.8% in 2021.
  • Child poverty disproportionately affects certain racial and ethnic groups in Arkansas.
  • Reducing child poverty is a key policy goal for many state and federal programs.

FAQs

Q: What does this economic trend measure?

A: This trend measures the 90% confidence interval upper bound of the estimate of the number of people aged 0-17 living in poverty in the state of Arkansas.

Q: Why is this trend relevant for users or analysts?

A: This metric helps quantify the uncertainty around poverty estimates and informs targeted policy responses to address child poverty in Arkansas.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through the American Community Survey.

Q: How is this trend used in economic policy?

A: This trend is used by economists, policymakers, and social service organizations to understand the scale of child poverty and inform programs and interventions.

Q: Are there update delays or limitations?

A: The data is published annually with a delay, and the confidence intervals may be subject to sampling and estimation uncertainties.

Related Trends

Citation

U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Arkansas (PECIUBU18AR05000A647NCEN), retrieved from FRED.