90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for District of Columbia
PPCILBU18DC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.40
Year-over-Year Change
-38.08%
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 the District of Columbia. It provides insight into the level of poverty among children and adolescents in 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 Age 0-17 in Poverty for District of Columbia is a statistical measure used to assess the economic well-being of young people in the District. It helps policymakers and economists understand the scale and distribution of child poverty within the region.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in child poverty are closely monitored by policymakers and economists to inform decisions on social programs and economic policies.
Key Facts
- The 90% confidence interval lower bound for child poverty in DC was 15.9% in the latest data.
- Child poverty rates are an important indicator of economic inequality and opportunity.
- Reducing child poverty is a key policy goal for many governments and international organizations.
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 the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: Trends in child poverty provide important insights into economic inequality and the well-being of young people, which are crucial for informing social and economic policymaking.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Measures of child poverty are closely monitored by policymakers and economists to inform decisions on social programs and economic policies aimed at reducing poverty and promoting economic opportunity.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for District of Columbia (PPCILBU18DC11000A156NCEN), retrieved from FRED.