90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for North Carolina
This dataset tracks 90% confidence interval lower bound of estimate of percent of people age 0-17 in poverty for north carolina over time.
Latest Value
16.90
Year-over-Year Change
-31.58%
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 North Carolina. It provides insight into the economic well-being of children and families 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 North Carolina is a statistical measure used to understand the poverty rate among the state's youth population. This data point represents the lower end of the 90% confidence interval, indicating the minimum estimated poverty rate with 90% certainty.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is used by policymakers and researchers to assess the economic challenges facing North Carolina's families and children.
Key Facts
- The lower bound represents the minimum estimated poverty rate for North Carolina's youth.
- This data point provides insight into the economic challenges facing families in the state.
- The 90% confidence interval helps quantify the uncertainty around the poverty estimate.
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 North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic well-being of children and families in North Carolina, which is important for policymakers and researchers studying poverty and economic inequality.
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 metric is used by policymakers and researchers to assess the economic challenges facing North Carolina's families and children, informing policy decisions and interventions.
Q: Are there update delays or limitations?
A: As with any survey data, there may be some delays in updates and potential limitations in sample size or coverage.
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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 North Carolina (PPCILBU18NC37000A156NCEN), retrieved from FRED.