90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Oregon
PECIUBU18OR41000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,273.00
Year-over-Year Change
-42.28%
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 Oregon. Understanding poverty trends, especially among vulnerable populations, is crucial for policymakers and economists to develop effective poverty alleviation strategies.
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 Oregon provides a statistical range for the estimated number of impoverished youth in the state. This data point helps analysts and policymakers gauge the extent of child poverty and track progress in reducing it over time.
Methodology
The data is collected and calculated by the U.S. Census Bureau as part of their comprehensive poverty estimates.
Historical Context
This economic indicator is used by government agencies, nonprofits, and researchers to inform policies and programs aimed at addressing child poverty.
Key Facts
- The 90% confidence interval represents a statistical range where the true value has a 90% probability of falling.
- Poverty among children can have long-lasting impacts on educational, health, and economic outcomes.
- Oregon's child poverty rate is a key metric for evaluating the effectiveness of state-level anti-poverty initiatives.
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 the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: Understanding the extent of child poverty in Oregon is crucial for policymakers and economists to develop effective poverty alleviation strategies and track progress over time.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau as part of their comprehensive poverty estimates.
Q: How is this trend used in economic policy?
A: This economic indicator is used by government agencies, nonprofits, and researchers to inform policies and programs aimed at addressing child poverty in Oregon.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the U.S. Census Bureau's poverty estimates.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Oregon (PECIUBU18OR41000A647NCEN), retrieved from FRED.