90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Wisconsin
PPCIUB0T4WI55000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.70
Year-over-Year Change
-36.91%
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 Wisconsin. It provides important insights into childhood 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 of Estimate of Percent of People Under Age 5 in Poverty for Wisconsin represents the upper limit of the range in which the true poverty rate for this demographic is likely to fall, with 90% confidence. This metric helps policymakers and researchers understand the scale and severity of childhood 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 trend is used to inform policy decisions and resource allocation aimed at reducing childhood poverty in Wisconsin.
Key Facts
- The latest upper bound estimate is XX.X%.
- Childhood poverty is a key indicator of economic well-being in Wisconsin.
- Reducing childhood poverty is a policy priority for 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 Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and severity of childhood poverty in Wisconsin, helping to inform policy decisions and resource allocation aimed at reducing it.
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 trend is used to inform policy decisions and resource allocation aimed at reducing childhood poverty in Wisconsin.
Q: Are there update delays or limitations?
A: The data may be subject to occasional update delays and limitations inherent in survey-based estimates.
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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 Wisconsin (PPCIUB0T4WI55000A156NCEN), retrieved from FRED.