90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Wyoming
This dataset tracks 90% confidence interval upper bound of estimate of people age 0-17 in poverty for wyoming over time.
Latest Value
17133.00
Year-over-Year Change
-22.30%
Date Range
1/1/1989 - 1/1/2023
Summary
The 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Wyoming measures the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in the state. This statistic is critical for understanding childhood poverty levels and guiding policy decisions.
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
This data series represents the upper bound of the 90% confidence interval for the estimated percentage of individuals aged 0-17 living below the poverty line in the state of Wyoming. It provides a robust statistical range to assess the scale of childhood poverty and inform programs and policies aimed at supporting low-income families.
Methodology
The data is collected and calculated by the U.S. Census Bureau as part of their annual Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
Policymakers and economists utilize this metric to gauge the extent of child poverty and allocate resources for anti-poverty initiatives and social welfare programs.
Key Facts
- The 90% confidence interval upper bound was 15.4% in 2020.
- Childhood poverty is a persistent challenge in Wyoming.
- This metric helps guide resource allocation for anti-poverty programs.
FAQs
Q: What does this economic trend measure?
A: This data series represents the upper bound of the 90% confidence interval for the estimated percentage of individuals aged 0-17 living below the poverty line in the state of Wyoming.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for understanding the scale of childhood poverty and informing policy decisions and resource allocation for anti-poverty initiatives and social welfare programs.
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 annual Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: Policymakers and economists utilize this metric to gauge the extent of child poverty and allocate resources for anti-poverty initiatives and social welfare programs.
Q: Are there update delays or limitations?
A: The data is released annually, and there may be a delay of several months between the reference year and the data publication.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Wyoming (PECIUBU18WY56000A647NCEN), retrieved from FRED.