90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Arizona
PPCILBU18AZ04000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.10
Year-over-Year Change
-42.59%
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 aged 0-17 living in poverty in Arizona. It provides insight into the economic well-being of Arizona's youth population.
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 lower bound of the 90% confidence interval for the estimated poverty rate among Arizona's youth population is a key indicator used by economists and policymakers to assess the state's social and economic conditions. It helps identify areas that may require targeted interventions to support low-income families and improve child welfare.
Methodology
This data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Policymakers use this trend to inform decisions on social programs, income support, and economic development initiatives in Arizona.
Key Facts
- The lower bound was 16.7% in 2021.
- Arizona's youth poverty rate is higher than the national average.
- Poverty disproportionately affects certain racial and ethnic groups in Arizona.
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 aged 0-17 living in poverty in Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of Arizona's youth population, which is crucial for informing social policies and interventions aimed at reducing child poverty.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions on social programs, income support, and economic development initiatives in Arizona.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential 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 Age 0-17 in Poverty for Arizona (PPCILBU18AZ04000A156NCEN), retrieved from FRED.