90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Arkansas
PPCILB0T4AR05000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.90
Year-over-Year Change
-35.39%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend represents the lower bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in Arkansas. It provides insight into the economic well-being of young children 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 lower bound for the poverty rate of Arkansans under 5 years old is a key metric used by policymakers and researchers to gauge child poverty levels and track changes over time. It helps quantify the degree of uncertainty around poverty estimates.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This poverty statistic informs discussions around social programs, economic development, and investments that support young families in Arkansas.
Key Facts
- The 90% confidence interval lower bound for Arkansas child poverty was 25.3% in 2021.
- Arkansas consistently has one of the highest child poverty rates in the United States.
- Reducing child poverty is a key policy priority for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend represents the lower bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval for the child poverty rate provides important context around the degree of uncertainty in poverty estimates, helping policymakers and researchers better understand the economic challenges facing young children in Arkansas.
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 poverty statistic informs discussions around social programs, economic development, and investments that support young families in Arkansas.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and sampling limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Arkansas (PPCILB0T4AR05000A156NCEN), retrieved from FRED.