90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Arizona
PECIUBU18AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
257,814.00
Year-over-Year Change
-42.53%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated number of people aged 0-17 living in poverty in Arizona. Understanding poverty levels among children is crucial for policymakers addressing social welfare and economic inequality.
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 Age 0-17 in Poverty for Arizona represents the upper limit of the 90% statistical confidence range for the estimated population of impoverished minors in the state. This metric provides insight into the scale and uncertainty around child poverty, informing targeted interventions.
Methodology
The data is calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This trend is used by economists, social service providers, and policymakers to gauge the extent of child poverty and inform policy decisions.
Key Facts
- Arizona's 90% confidence interval upper bound for child poverty is updated annually.
- The upper bound represents the highest plausible estimate within a 90% confidence level.
- Reducing child poverty is a key focus for many economic and social policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated number of people aged 0-17 living in poverty in Arizona.
Q: Why is this trend relevant for users or analysts?
A: Understanding the scale and uncertainty around child poverty is crucial for policymakers and service providers addressing social welfare and economic inequality.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: This trend is used by economists, social service providers, and policymakers to gauge the extent of child poverty and inform targeted policy decisions.
Q: Are there update delays or limitations?
A: The 90% confidence interval upper bound for Arizona is updated annually by the Census Bureau.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Arizona (PECIUBU18AZ04000A647NCEN), retrieved from FRED.