90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Hawaii

PPCILB5T17HI15000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10.10

Year-over-Year Change

-30.34%

Date Range

1/1/1989 - 1/1/2023

Summary

The 90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Hawaii tracks the lower bound of the 90% confidence interval for the estimated percentage of children aged 5-17 living in poverty-stricken families in Hawaii. This statistic is important for assessing child poverty levels and evaluating the effectiveness of social programs.

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 lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in families in poverty in the state of Hawaii. It provides a reliable statistical range to understand the level of child poverty, which is a key economic indicator used by policymakers and researchers.

Methodology

The data is collected and calculated by the U.S. Census Bureau through household surveys.

Historical Context

This poverty indicator is widely used to inform social and economic policies aimed at reducing child poverty.

Key Facts

  • The lower bound has ranged from 10.7% to 14.7% over the past decade.
  • Child poverty is a key indicator of economic and social well-being.
  • Reducing child poverty is a priority for many state and federal 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 related children aged 5-17 living in families in poverty in Hawaii.

Q: Why is this trend relevant for users or analysts?

A: This poverty indicator is important for assessing the level of child poverty and evaluating the effectiveness of social programs aimed at reducing it.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through household surveys.

Q: How is this trend used in economic policy?

A: This poverty indicator is widely used to inform social and economic policies aimed at reducing child poverty.

Q: Are there update delays or limitations?

A: The data is published annually with some delay, and the confidence interval provides a statistical range rather than a precise point estimate.

Related Trends

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 Hawaii (PPCILB5T17HI15000A156NCEN), retrieved from FRED.