90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Hawaii
PECIUBU18HI15000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,898.00
Year-over-Year Change
-31.17%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Hawaii. Understanding poverty trends among children is crucial for policymakers addressing economic inequality and social welfare.
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 Hawaii represents the highest plausible value within a 90% statistical confidence range for the poverty rate among minors in the state. This metric helps quantify economic hardship and deprivation experienced by children, which has long-term implications for human capital development.
Methodology
The data is calculated based on survey responses and statistical modeling by the U.S. Census Bureau.
Historical Context
Policymakers and social service providers use this metric to assess the scale of child poverty and guide resource allocation for anti-poverty initiatives.
Key Facts
- Hawaii has one of the highest child poverty rates in the U.S.
- The upper bound of the 90% confidence interval reached over 15% in 2015.
- Childhood poverty is linked to poorer educational and health outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: Understanding child poverty is crucial for policymakers addressing economic inequality and social welfare, as childhood deprivation has long-term implications for human capital development.
Q: How is this data collected or calculated?
A: The data is calculated based on survey responses and statistical modeling by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and social service providers use this metric to assess the scale of child poverty and guide resource allocation for anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and the confidence intervals reflect sampling uncertainty.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Hawaii (PECIUBU18HI15000A647NCEN), retrieved from FRED.