90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Delaware
PPCILB0T4DE10000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.50
Year-over-Year Change
-26.40%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Delaware. 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 of Estimate of Percent of People Under Age 5 in Poverty for Delaware is a key metric used by economists and policymakers to assess the scale and depth of child poverty within a specific geographic region. It helps inform policies and programs aimed at reducing poverty and supporting young families.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in child poverty are closely monitored by government agencies, nonprofits, and economic researchers to guide policies and resource allocation.
Key Facts
- The latest data shows the 90% confidence interval lower bound for child poverty in Delaware is 12.1%.
- Child poverty rates are an important indicator of a state's economic and social health.
- Reducing child poverty is a key policy goal for many state and federal government programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Trends in child poverty provide crucial insights into the economic well-being of young families and help guide policies and programs aimed at reducing poverty and supporting child development.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Measures of child poverty are closely monitored by government agencies, nonprofits, and economic researchers to inform policies and resource allocation aimed at supporting young families and reducing poverty.
Q: Are there update delays or limitations?
A: The data is subject to the sampling and reporting schedule of the American Community Survey, which may result in some update delays.
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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 Delaware (PPCILB0T4DE10000A156NCEN), retrieved from FRED.