90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for District of Columbia
PPCIUB5T17DC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.30
Year-over-Year Change
-29.36%
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 the District of Columbia. It provides insight into the level of economic hardship faced by District families and children.
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 represents the upper end of the statistical range within which the true poverty rate is likely to fall, with 90% confidence. This metric is used by economists and policymakers to understand the scale and severity of child poverty in the District.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This poverty metric informs policies and programs aimed at reducing economic insecurity for District families and children.
Key Facts
- The 90% confidence interval upper bound was 23.2% in 2019.
- This metric has declined from a high of 26.5% in 2010.
- Child poverty remains a persistent challenge in the District of Columbia.
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 the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and severity of child poverty in the District, informing policies and programs aimed at reducing economic insecurity for District families and children.
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 poverty metric informs policies and programs aimed at reducing economic insecurity for District families and children.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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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 District of Columbia (PPCIUB5T17DC11000A156NCEN), retrieved from FRED.