90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Mississippi
PPCIUB0T4MS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.20
Year-over-Year Change
-28.98%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Mississippi. It provides insight 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 for the percent of people under 5 in poverty in Mississippi represents the highest plausible value for this economic indicator. It is used by policymakers and researchers to understand the scale and severity of child poverty in the state.
Methodology
This data is collected and calculated by the U.S. Census Bureau using survey responses.
Historical Context
This trend is relevant for evaluating economic policies and programs aimed at reducing child poverty in Mississippi.
Key Facts
- Mississippi has one of the highest child poverty rates in the U.S.
- The upper bound indicates high uncertainty around the true poverty level.
- Reducing child poverty is a key policy priority in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the scale and severity of child poverty in Mississippi, which is important for policymakers and researchers working to address economic inequality and improve outcomes for young children.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using survey responses.
Q: How is this trend used in economic policy?
A: This trend is relevant for evaluating the effectiveness of economic policies and programs aimed at reducing child poverty in Mississippi.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the latest data, and the confidence interval indicates a level of uncertainty around the true poverty rate.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Mississippi (PPCIUB0T4MS28000A156NCEN), retrieved from FRED.