90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Pennsylvania
This dataset tracks 90% confidence interval upper bound of estimate of percent of people under age 5 in poverty for pennsylvania over time.
Latest Value
18.00
Year-over-Year Change
-24.69%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend provides an upper bound estimate of the percentage of Pennsylvanians under age 5 living in poverty. It is a key indicator for assessing child poverty and economic hardship 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 Pennsylvania represents a statistical estimate of the upper limit of the poverty rate for young children in the state. This metric is used by policymakers and analysts to gauge the level of economic vulnerability among Pennsylvania's youngest residents.
Methodology
The data is calculated based on survey responses and statistical modeling techniques by the U.S. Census Bureau.
Historical Context
This poverty estimate helps inform state-level policies and programs aimed at reducing child poverty and supporting low-income families.
Key Facts
- Upper bound poverty rate for Pennsylvania children under 5 is over 20%.
- Poverty disproportionately impacts young children in the state.
- Trend shows lack of economic security for many low-income families.
FAQs
Q: What does this economic trend measure?
A: This trend provides an upper bound estimate of the percentage of Pennsylvanians under age 5 living in poverty, a key indicator of child economic hardship in the state.
Q: Why is this trend relevant for users or analysts?
A: The poverty estimate helps inform state-level policies and programs aimed at reducing child poverty and supporting low-income families in Pennsylvania.
Q: How is this data collected or calculated?
A: The data is calculated based on survey responses and statistical modeling techniques by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This poverty estimate is used by policymakers and analysts to gauge the level of economic vulnerability among Pennsylvania's youngest residents and to inform relevant state policies and programs.
Q: Are there update delays or limitations?
A: The data is subject to sampling error and may have a lag in availability compared to other economic indicators.
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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 Pennsylvania (PPCIUB0T4PA42000A156NCEN), retrieved from FRED.