90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Arkansas
This dataset tracks 90% confidence interval upper bound of estimate of percent of related children age 5-17 in families in poverty for arkansas over time.
Latest Value
20.50
Year-over-Year Change
-22.93%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the 90% confidence interval upper bound of the estimated percentage of related children aged 5-17 living in families in poverty in Arkansas. It provides important insights into the state's child poverty levels.
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 is a statistical measure that reflects the highest plausible value for the child poverty rate in Arkansas with 90% certainty. This trend is a key indicator used by policymakers and researchers to understand economic hardship and guide anti-poverty initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend informs discussions around economic inequality, social programs, and the well-being of Arkansas families.
Key Facts
- The 90% confidence interval upper bound was 23.3% in 2020.
- Arkansas has historically higher child poverty rates than the national average.
- Reducing child poverty is a key policy goal for state and federal governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 90% confidence interval upper bound of the estimated percentage of related children aged 5-17 living in families in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic hardship faced by Arkansas families and children, informing policy discussions and initiatives aimed at reducing poverty.
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 used by policymakers and researchers to understand the extent of child poverty in Arkansas and guide the development of social programs and anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and the confidence interval reflects statistical uncertainty in the estimates.
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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 Arkansas (PPCIUB5T17AR05000A156NCEN), retrieved from FRED.