90% Confidence Interval Lower Bound of Estimate of Percent of People of All Ages in Poverty for Delaware
PPCILBAADE10000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.30
Year-over-Year Change
-14.88%
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 of all ages living in poverty in Delaware. Understanding poverty rates is crucial for policymakers and economists to assess economic well-being and guide 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
The 90% confidence interval lower bound for the Delaware poverty rate provides a statistically robust estimate of the minimum level of poverty in the state. This metric helps analysts gauge economic hardship and track progress in reducing poverty over time.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty estimates inform policy decisions around social safety net programs and economic development initiatives.
Key Facts
- Delaware's 90% confidence interval lower bound for poverty was 10.7% in 2021.
- Poverty rates help measure economic well-being and access to opportunity.
- Poverty data informs decisions about social programs and economic development.
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 of all ages living in poverty in Delaware.
Q: Why is this trend relevant for users or analysts?
A: Understanding poverty rates is crucial for policymakers and economists to assess economic well-being and guide social programs in Delaware.
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: Poverty estimates inform policy decisions around social safety net programs and economic development initiatives in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and sampling limitations of the American Community Survey.
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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 Delaware (PPCILBAADE10000A156NCEN), retrieved from FRED.