90% Confidence Interval Upper Bound of Estimate of Percent of People of All Ages in Poverty for Delaware
PPCIUBAADE10000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.30
Year-over-Year Change
-13.74%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percent of people of all ages in poverty in Delaware. It provides crucial insights into the state's poverty levels and helps policymakers and analysts assess economic well-being.
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 People of All Ages in Poverty for Delaware is a key metric used to understand the scale and uncertainty around poverty in the state. It represents the upper end of the range within which the true poverty rate is expected to fall with 90% confidence.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely used by economists, policymakers, and social service providers to inform poverty alleviation programs and assess the effectiveness of economic policies.
Key Facts
- The upper bound has ranged from 13.9% to 15.5% over the past 5 years.
- Poverty disproportionately affects certain demographic groups in Delaware.
- Reducing the poverty rate is a key policy priority for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percent of people of all ages living in poverty in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the scale and uncertainty around poverty in Delaware, helping policymakers and social service providers assess economic well-being and inform poverty alleviation 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 widely used by economists, policymakers, and social service providers to inform poverty alleviation programs and assess the effectiveness of economic policies in Delaware.
Q: Are there update delays or limitations?
A: The data is published annually, with a delay of approximately one year, 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 People of All Ages in Poverty for Delaware (PPCIUBAADE10000A156NCEN), retrieved from FRED.