90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Alaska
This dataset tracks 90% confidence interval upper bound of estimate of percent of related children age 5-17 in families in poverty for alaska over time.
Latest Value
12.60
Year-over-Year Change
-16.00%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the percentage of related children aged 5-17 living in poverty families in Alaska. It provides policymakers and economists with a statistically robust estimate of child 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
The upper bound of the 90% confidence interval for the percent of related children aged 5-17 in poverty families in Alaska offers a comprehensive assessment of the extent of child poverty in the state. It helps analysts and policymakers understand the scale of economic hardship affecting Alaskan families with school-age children.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The trend is used to inform federal and state-level policies and programs aimed at reducing child poverty.
Key Facts
- The 90% confidence interval represents a statistically robust range for the true poverty rate.
- Alaska has historically had higher child poverty rates compared to the national average.
- The upper bound provides a conservative estimate to guide policymakers and social service programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the percentage of related children aged 5-17 living in poverty families in Alaska.
Q: Why is this trend relevant for users or analysts?
A: The upper bound of the confidence interval offers a statistically robust estimate of child poverty in Alaska, helping policymakers and economists understand the scale of economic hardship affecting families.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: The trend is used to inform federal and state-level policies and programs aimed at reducing child poverty in Alaska.
Q: Are there update delays or limitations?
A: As this data is collected through the American Community Survey, there may be some delays in availability and potential limitations in sample size for smaller geographic areas.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Alaska (PPCIUB5T17AK02000A156NCEN), retrieved from FRED.