90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Oklahoma
This dataset tracks 90% confidence interval upper bound of estimate of percent of related children age 5-17 in families in poverty for oklahoma over time.
Latest Value
20.20
Year-over-Year Change
-10.62%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in poverty in Oklahoma. It provides insight into the range of uncertainty around poverty rates for this demographic.
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 highest possible value within a 90% probability that the true poverty rate for this group falls within that range. This metric helps policymakers and analysts understand the scale and severity of child poverty in Oklahoma.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to inform policy decisions and resource allocation related to poverty reduction and child welfare programs in Oklahoma.
Key Facts
- The upper bound was 21.2% in 2021.
- Child poverty disproportionately impacts rural and minority communities in Oklahoma.
- Reducing child poverty is a key 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 related children aged 5-17 living in poverty in Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: This metric helps policymakers and analysts understand the scale and severity of child poverty in Oklahoma, informing decisions about poverty reduction and child welfare programs.
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 to inform policy decisions and resource allocation related to poverty reduction and child welfare programs in Oklahoma.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to sampling and estimation uncertainties.
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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 Oklahoma (PPCIUB5T17OK40000A156NCEN), retrieved from FRED.