90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for New Jersey
This dataset tracks 90% confidence interval upper bound of estimate of percent of people under age 5 in poverty for new jersey over time.
Latest Value
13.60
Year-over-Year Change
-28.42%
Date Range
1/1/1989 - 1/1/2023
Summary
The 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for New Jersey tracks the upper limit of the statistical confidence range for the share of children under 5 living in 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
This metric provides insight into the economic well-being of young children in New Jersey, a key indicator for policymakers and economists analyzing poverty and inequality trends.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in this measure can inform social welfare programs and shape economic policy decisions.
Key Facts
- This metric tracks the upper bound of the confidence interval, not the actual poverty rate.
- The data is only available at the state level, not for specific cities or counties.
- Poverty among young children is a key indicator of overall economic hardship.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the upper bound of the 90% confidence interval for the percentage of children under age 5 living in poverty in New Jersey.
Q: Why is this trend relevant for users or analysts?
A: Poverty among young children is a crucial indicator of economic inequality and hardship, informing policymakers and economists on the well-being of vulnerable populations.
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: Trends in this measure can help shape social welfare programs and broader economic policies targeted at reducing childhood poverty.
Q: Are there update delays or limitations?
A: The data is only available at the state level and may have update delays due to the survey methodology.
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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 New Jersey (PPCIUB0T4NJ34000A156NCEN), retrieved from FRED.