90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Montana
PPCIUB0T4MT30000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.70
Year-over-Year Change
-40.08%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Montana. It provides key insights into child poverty levels 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 estimated poverty rate for Montana's under-5 population represents the highest plausible value for this metric within a 90% probability range. This statistic is used by policymakers and researchers to assess the scale and severity of child poverty in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for informing anti-poverty policies and programs targeted at improving child well-being in Montana.
Key Facts
- Montana's 90% confidence interval upper bound for under-5 poverty was 30.1% in 2021.
- Child poverty remains a persistent challenge in Montana, with higher rates than the national average.
- Policymakers use this metric to guide investments in early childhood programs and family support services.
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 Montana.
Q: Why is this trend relevant for users or analysts?
A: This statistic is used by policymakers and researchers to assess the scale and severity of child poverty in Montana, informing efforts to improve child well-being and reduce 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 trend is relevant for informing anti-poverty policies and programs targeted at improving child well-being in Montana.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the American Community Survey.
Related Trends
Regional Price Parities: Goods: Metropolitan Portion for Montana
MTMPRPPGOOD
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Montana
MTOTHSERVENGSP
Value of Exports to Austria from Montana
MTAUTA052SCEN
Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Montana
SMU30000004000000011A
All Employees: Truck Transportation in Montana
SMU30000004348400001A
Gross Domestic Product: Rental and Leasing Services and Lessors of Nonfinancial Intangible Assets (532-533) in Montana
MTRENTNGSP
Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Montana (PPCIUB0T4MT30000A156NCEN), retrieved from FRED.