90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Arkansas
PPCILBU18AR05000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.10
Year-over-Year Change
-29.00%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percent of people aged 0-17 living in poverty in Arkansas. Understanding the extent of poverty among children is crucial for policymakers aiming to improve economic outcomes and opportunities.
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 Arkansas provides a robust statistical estimate of the minimum level of poverty in this vulnerable population. This metric helps analysts and policymakers gauge the economic well-being of families and the efficacy of anti-poverty programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely used by government agencies, researchers, and advocacy groups to monitor and address childhood poverty in Arkansas.
Key Facts
- The 90% confidence interval lower bound for child poverty in Arkansas was 19.7% in 2019.
- Childhood poverty is linked to long-term negative outcomes in education, health, and economic mobility.
- Reducing child poverty is a key policy goal for improving overall economic and social well-being.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percent of people aged 0-17 living in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Understanding the extent of childhood poverty is crucial for policymakers and researchers aiming to improve economic outcomes and opportunities for vulnerable populations.
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 trend is widely used by government agencies, researchers, and advocacy groups to monitor and address childhood poverty in Arkansas.
Q: Are there update delays or limitations?
A: The data may be subject to delays in publication and potential limitations in survey methodology.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Arkansas (PPCILBU18AR05000A156NCEN), retrieved from FRED.