90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Ohio
PECIUBU18OH39000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
458,255.00
Year-over-Year Change
-29.45%
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 percentage of people aged 0-17 living in poverty in Ohio. It provides insights into the economic well-being of Ohio'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 Ohio is a statistical metric that represents the upper limit of the range within which the true population percentage is expected to fall, with 90% confidence. This measure helps analysts and policymakers understand the potential scale of child poverty in the state.
Methodology
The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Historical Context
This trend is relevant for informing social welfare policies and allocating resources to support low-income families and children in Ohio.
Key Facts
- The upper bound estimate was 23.4% in 2021.
- Ohio's child poverty rate is higher than the national average.
- Poverty can negatively impact a child's health, education, and future prospects.
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 Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the potential scale of child poverty in Ohio, which is crucial for informing social welfare policies and allocating resources to support low-income families and children.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Q: How is this trend used in economic policy?
A: This trend is relevant for informing social welfare policies and allocating resources to support low-income families and children in Ohio.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timing of U.S. Census Bureau surveys and releases.
Related Trends
Commercial Carbon Dioxide Emissions, Industrial Coking for Ohio
EMISSCO2VCLCCBOHA
Real Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in Ohio
OHEDHLTHSOCASSRGSP
All Employees: Service-Providing in Ohio
SMU39000000700000001
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Less: Receipts from Sales of Goods and Services by Nonprofit Institutions for Ohio
OHPCELRPTSLSGSNPIS
Value of Exports to Mexico from Ohio
OHMEXA052SCEN
Real Per Capita Personal Income: Metropolitan Portion for Ohio
OHMPRPIPC
Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Ohio (PECIUBU18OH39000A647NCEN), retrieved from FRED.