90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Hawaii
PPCIUB0T4HI15000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.20
Year-over-Year Change
-32.99%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator represents the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Hawaii. It provides insights into the economic well-being of young children 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 Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Hawaii is a statistical measure that helps quantify the uncertainty around the estimated poverty rate for this demographic group. It is used by policymakers and researchers to understand the extent of child poverty in the state.
Methodology
The data is calculated based on survey responses and statistical modeling by the U.S. Census Bureau.
Historical Context
This metric informs discussions around social welfare programs and economic development policies targeting low-income families with young children in Hawaii.
Key Facts
- The upper bound was 22.5% in 2021.
- Hawaii's child poverty rate is higher than the national average.
- Poverty disproportionately impacts young children in the state.
FAQs
Q: What does this economic trend measure?
A: This indicator represents the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic well-being of young children in Hawaii, informing discussions around social welfare programs and economic development policies targeting low-income families.
Q: How is this data collected or calculated?
A: The data is calculated based on survey responses and statistical modeling by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and researchers to understand the extent of child poverty in Hawaii and inform decisions around programs and policies targeting low-income families with young children.
Q: Are there update delays or limitations?
A: The data is subject to the sampling and modeling methodologies used by the Census Bureau, and may be subject to update delays.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Hawaii (PPCIUB0T4HI15000A156NCEN), retrieved from FRED.