90% Confidence Interval Lower Bound of Estimate of Percent of People of All Ages in Poverty for District of Columbia
PPCILBAADC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
-22.53%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator estimates the lower bound of the 90% confidence interval for the percent of people of all ages living in poverty in the District of Columbia. It provides important insights into the economic well-being and social challenges facing 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 People of All Ages in Poverty for District of Columbia is a statistical measure that helps quantify the uncertainty around the poverty rate estimate for the DC population. It represents the lowest plausible value for the true poverty rate, given the data and methodology.
Methodology
This indicator is calculated by the U.S. Census Bureau based on survey data.
Historical Context
Policymakers and analysts use this metric to assess economic conditions and target social programs in the District of Columbia.
Key Facts
- The latest value is X.X%.
- This indicator has been published annually since YYYY.
- The poverty rate in DC is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This indicator estimates the lower bound of the 90% confidence interval for the percent of people of all ages living in poverty in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval provides important insights into the uncertainty around poverty rate estimates, helping policymakers and analysts better understand economic conditions and target social programs in the DC region.
Q: How is this data collected or calculated?
A: This indicator is calculated by the U.S. Census Bureau based on survey data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess economic conditions and target social programs in the District of Columbia.
Q: Are there update delays or limitations?
A: This indicator is published annually, with a typical data release lag of several months.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Percent of People of All Ages in Poverty for District of Columbia (PPCILBAADC11000A156NCEN), retrieved from FRED.