90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Wisconsin
PPCILB5T17WI55000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.40
Year-over-Year Change
-27.39%
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 families below the poverty line in Wisconsin.
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 child poverty rate in Wisconsin provides a statistically rigorous estimate of the minimum level of child poverty in the state, which is an important indicator for policymakers and social service providers.
Methodology
The data is calculated by the U.S. Census Bureau using survey data.
Historical Context
This metric helps inform state and local policies and programs aimed at reducing child poverty.
Key Facts
- This trend shows the minimum estimated child poverty rate in Wisconsin.
- The data is from the U.S. Census Bureau's surveys on household income and poverty.
- Tracking this metric helps identify areas with high levels of child poverty.
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 below the poverty line in Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a statistically rigorous estimate of the minimum level of child poverty in Wisconsin, which is an important indicator for policymakers and social service providers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey data.
Q: How is this trend used in economic policy?
A: This metric helps inform state and local policies and programs aimed at reducing child poverty in Wisconsin.
Q: Are there update delays or limitations?
A: The data is published periodically by the Census Bureau and may have some time lags.
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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 Wisconsin (PPCILB5T17WI55000A156NCEN), retrieved from FRED.