90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Massachusetts
This dataset tracks 90% confidence interval lower bound of estimate of percent of people age 0-17 in poverty for massachusetts over time.
Latest Value
12.00
Year-over-Year Change
-18.37%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator represents the lower bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Massachusetts. It provides insight into the level of child poverty in the state.
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 Massachusetts is a statistical measure used to assess the degree of poverty among children in the state. It helps policymakers and analysts understand the scale of economic hardship faced by low-income families.
Methodology
This data is collected and calculated by the U.S. Census Bureau using survey data and statistical modeling.
Historical Context
The trend is used by government agencies, research institutions, and advocacy groups to inform policies and programs aimed at reducing child poverty.
Key Facts
- The lower bound was 10.5% in 2021.
- This indicates at least 10.5% of Massachusetts children live in poverty.
- Child poverty rates are a key metric for assessing economic well-being.
FAQs
Q: What does this economic trend measure?
A: This indicator represents the lower bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: The trend provides insight into the scale of child poverty in Massachusetts, which is crucial for informing policies and programs aimed at reducing economic hardship for low-income families.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using survey data and statistical modeling.
Q: How is this trend used in economic policy?
A: Government agencies, research institutions, and advocacy groups use this trend to understand the level of child poverty and inform policies and programs aimed at reducing economic hardship.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some time lag in the availability of the latest figures.
Related News
U.S. Stock Indices Rebound After Tech Stocks' Recent Decline
US Stock Indices Rebound: Understanding the Market Recovery The recent surge in the US stock market marks a significant upturn, with key indices such as the Nasdaq and S&P 500 leading this recovery. The primary metric underpinning these shifts is the civilian employment-to-population ratio, reflecting positive economic momentum. This boost in indices can be linked to a complex interplay of factors, including recent economic data, renewed market optimism, and evolving investor behavior, casting
U.S. GDP Growth to Slow Due to Tariffs and Immigration Policies
How Tariffs and Immigration Policies Influence U.S. GDP Growth in 2025 The U.S. GDP is a fundamental gauge of the country's economic health. Recent forecasts have raised concerns about a GDP slowdown, suggesting that trade tariffs and lower immigration might be key factors. According to economic forecasts and OECD reports, these issues are becoming centers of focus. Trade policies and immigration rules heavily impact the economic prediction landscape. Challenged by decreasing GDP figures, trade
US Housing Giant Hopes Fed Policies Boost Sagging Profits
Revitalizing S&P 500 Housing with Federal Reserve Policies The primary keyword, "Treasury Yield," has become an increasingly critical focus within the realm of the S&P 500 housing market. Current fluctuations in bond rates, particularly the 10-year bond rate, are causing waves in the already volatile US housing market. This situation is marked by a profit decline experienced by major housing giants, as economic uncertainty steers investor confidence. The Federal Reserve's policies and interest
U.S. Treasury Yields Rise After Fed Rate Cut Analysis
Treasury Yields Surge: A Curious Twist in Monetary Policy Amid a surprising financial twist, the current 10 year treasury rate is on the rise even as the Federal Reserve cuts interest rates. This unexpected development has economists scratching their heads, as typically, a cut in the Federal funds rate leads to lower yields. Treasury yields represent the interest rate the government pays bondholders, functioning as a vital signpost for the health of the economy. Generally perceived as one of th
Federal Reserve rate cuts forecast and S&P 500 market reaction
How Federal Reserve Rate Cuts Shape the Economic Landscape The Federal Reserve's decisions impact the financial environment in various ways, often triggering shifts that ripple throughout the economy. The act of altering the effective federal funds rate influences a broad spectrum of financial metrics, including the S&P 500. Notably, these changes have repercussions for market volatility, investor confidence, and the broader economic outlook. Understanding these connections helps place today's
Federal Reserve reduces U.S. interest rates, plans further cuts in 2025
Federal Reserve's Strategic Interest Rate Cut in Focus The Federal Reserve's strategic interest rate cut is a significant move in today's economic climate. As the central banking system of the United States, the Federal Reserve plays a crucial role in setting monetary policy to influence the nation's economy. An interest rate cut defines the decision to lower the cost of borrowing, typically aimed at stimulating economic growth. This latest decision could have considerable effects on the U.S. e
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Massachusetts (PPCILBU18MA25000A156NCEN), retrieved from FRED.