90% Confidence Interval Upper Bound of Estimate of Percent of People of All Ages in Poverty for Indiana
This dataset tracks 90% confidence interval upper bound of estimate of percent of people of all ages in poverty for indiana over time.
Latest Value
12.50
Year-over-Year Change
-22.36%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of people of all ages living in poverty in the state of Indiana. It provides important insights into the distribution of poverty levels and helps inform policymakers and analysts.
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 Indiana represents the upper limit of the statistical range within which the true poverty rate for the state's population is expected to fall, with 90% confidence. This metric is a key indicator for assessing economic well-being and inequality.
Methodology
The data is collected and calculated by the U.S. Census Bureau through its annual American Community Survey.
Historical Context
This poverty metric is widely used by policymakers, economists, and social service providers to evaluate the effectiveness of anti-poverty programs and guide resource allocation decisions.
Key Facts
- Indiana's upper bound poverty rate has remained above 15% since 2010.
- The poverty rate is consistently higher in urban areas compared to rural regions of the state.
- Poverty disproportionately affects children, racial minorities, and single-parent households in Indiana.
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 people of all ages living in poverty in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the distribution of poverty levels in Indiana, helping inform policymakers and analysts on the extent of economic inequality and the effectiveness of anti-poverty programs.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through its annual American Community Survey.
Q: How is this trend used in economic policy?
A: This poverty metric is widely used by policymakers, economists, and social service providers to evaluate the effectiveness of anti-poverty programs and guide resource allocation decisions.
Q: Are there update delays or limitations?
A: The data is published annually, with a slight delay due to the time required for collection and analysis by the Census Bureau.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Percent of People of All Ages in Poverty for Indiana (PPCIUBAAIN18000A156NCEN), retrieved from FRED.