90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Mississippi
PPCIUB5T17MS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
-20.63%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides the upper bound of a 90% confidence interval for the percentage of related children aged 5-17 living in poverty in Mississippi. It offers insights into economic hardship and inequality affecting families 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 Related Children Age 5-17 in Families in Poverty for Mississippi tracks the upper limit of a statistical range that is likely to contain the true poverty rate for this demographic group. This metric is used by economists and policymakers to understand the scale and distribution of child poverty.
Methodology
The data is calculated by the U.S. Census Bureau using survey data and statistical modeling.
Historical Context
This poverty indicator informs policies and programs aimed at reducing economic insecurity for families and children in Mississippi.
Key Facts
- The 90% confidence interval upper bound was 31.8% in 2021.
- Mississippi has one of the highest child poverty rates in the U.S.
- Poverty disproportionately affects minority children in the state.
FAQs
Q: What does this economic trend measure?
A: This indicator provides the upper bound of a 90% confidence interval for the percentage of related children aged 5-17 living in poverty in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the scale and distribution of child poverty in Mississippi, informing policies and programs aimed at reducing economic insecurity for families.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey data and statistical modeling.
Q: How is this trend used in economic policy?
A: This poverty indicator informs policies and programs aimed at reducing economic insecurity for families and children in Mississippi.
Q: Are there update delays or limitations?
A: The data is subject to survey sampling and modeling limitations, and may have update delays.
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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 Mississippi (PPCIUB5T17MS28000A156NCEN), retrieved from FRED.