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

PECIUBU18DE10000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34,849.00

Year-over-Year Change

-13.52%

Date Range

1/1/1989 - 1/1/2023

Summary

This economic trend measures the upper bound of the 90% confidence interval for the estimate of the number of people aged 0-17 living in poverty in the state of Delaware. It provides important insights into the demographic and economic well-being of Delaware's youth population.

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 Delaware represents the upper limit of the range within which the actual number of impoverished young people in the state can be expected to fall with 90% confidence. This metric is widely used by economists and policymakers to assess the extent of child poverty and inform targeted social assistance programs.

Methodology

The data is collected and calculated by the U.S. Census Bureau using household survey information.

Historical Context

This trend is crucial for informing economic and social policies aimed at reducing child poverty and promoting the well-being of Delaware's younger population.

Key Facts

  • The upper bound of the 90% confidence interval for the estimate of people aged 0-17 in poverty in Delaware was 23,798 in 2021.
  • Delaware's child poverty rate is higher than the national average.
  • 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 upper bound of the 90% confidence interval for the estimate of the number of people aged 0-17 living in poverty in the state of Delaware.

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

A: This trend provides important insights into the extent of child poverty in Delaware, which is crucial for informing economic and social policies aimed at reducing poverty and promoting the well-being of the state's younger population.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau using household survey information.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to assess the demographic and economic well-being of Delaware's youth population and inform targeted social assistance programs.

Q: Are there update delays or limitations?

A: The data is subject to the typical update schedules and limitations of Census Bureau household surveys.

Related Trends

Citation

U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Delaware (PECIUBU18DE10000A647NCEN), retrieved from FRED.