90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for District of Columbia
PPCILB0T4DC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
-32.97%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides a lower bound estimate for the 90% confidence interval of the percentage of people under age 5 living in poverty in the District of Columbia. It offers key insights into the economic well-being of young children in the nation's capital.
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 Percent of People Under Age 5 in Poverty is a statistical measure that helps quantify uncertainty around poverty estimates for young children in a given geographic area. This metric is used by policymakers and economists to assess the extent of childhood poverty and inform targeted interventions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This economic indicator is relevant for informing social policy and programs aimed at reducing childhood poverty.
Key Facts
- The most recent value for this indicator is 18.6%.
- Poverty disproportionately affects young children in the U.S.
- Reducing childhood poverty is a key policy priority.
FAQs
Q: What does this economic trend measure?
A: This indicator provides a lower bound estimate for the 90% confidence interval of the percentage of people under age 5 living in poverty in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the economic well-being of young children in the nation's capital, which is crucial for informing social policies and programs aimed at reducing childhood poverty.
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 indicator is relevant for informing social policy and programs aimed at reducing childhood poverty in the District of Columbia.
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 Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for District of Columbia (PPCILB0T4DC11000A156NCEN), retrieved from FRED.