90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for District of Columbia
PPCILB5T17DC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.50
Year-over-Year Change
-41.73%
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 related children aged 5-17 living in poverty in the District of Columbia. It provides insight into the economic well-being of families in the region.
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 Related Children Age 5-17 in Families in Poverty for District of Columbia tracks the lower end of the statistical range for the poverty rate among children in D.C. households. This data point is used by policymakers and analysts to assess the prevalence of child poverty and target social programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This economic indicator informs decisions around social safety net policies and programs in the District of Columbia.
Key Facts
- The 90% confidence interval provides a range to account for statistical uncertainty.
- The lower bound is the most conservative estimate of the child poverty rate.
- Poverty among children is a key metric for assessing family economic security.
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 related children aged 5-17 living in poverty in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the prevalence of child poverty in D.C. and informs decisions around social programs and policies targeted at supporting low-income families.
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 helps policymakers and analysts assess the economic well-being of families in the District of Columbia and target social safety net programs accordingly.
Q: Are there update delays or limitations?
A: There may be lags in data availability and updates due to the survey-based nature of this economic indicator.
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Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for District of Columbia (PPCILB5T17DC11000A156NCEN), retrieved from FRED.