90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Montana
PECIUBU18MT30000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,904.00
Year-over-Year Change
-33.54%
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 Montana. It provides insight into the extent of childhood 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 of Estimate of People Age 0-17 in Poverty for Montana represents the upper range of the statistical estimate for the number of Montanan children living below the poverty line. This metric is used by policymakers and economists to gauge the scale of child poverty and shape policies to address economic insecurity.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for informing social welfare policies and understanding economic conditions for families in Montana.
Key Facts
- The 90% confidence interval upper bound represents the maximum estimated number of Montanan children in poverty.
- This metric is used to gauge the scale of childhood poverty in the state.
- The data is collected through the U.S. Census Bureau's American Community Survey.
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 Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the extent of childhood poverty in Montana, which is crucial information for policymakers and economists seeking to address economic insecurity.
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 relevant for informing social welfare policies and understanding economic conditions for families in Montana.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Montana (PECIUBU18MT30000A647NCEN), retrieved from FRED.