90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Arkansas
PPCIUBU18AR05000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.30
Year-over-Year Change
-25.78%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimated percent of people aged 0-17 living in poverty in Arkansas. It provides insight into the economic wellbeing of children 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 People Age 0-17 in Poverty for Arkansas is a key statistic used to assess child poverty levels. It represents the upper limit of the range within which the true poverty rate is expected to fall 90% of the time, based on survey data.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is closely monitored by policymakers and economists to inform decisions around social programs and economic development initiatives.
Key Facts
- The upper bound has ranged from 26.4% to 27.7% in recent years.
- Arkansas has consistently had one of the highest child poverty rates in the U.S.
- Reducing childhood poverty is a key policy goal 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 percent of people aged 0-17 living in poverty in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the economic wellbeing of children in Arkansas and is closely monitored by policymakers and economists to inform decisions around social programs and economic development.
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 by policymakers and economists to assess child poverty levels and inform decisions around social programs and economic development initiatives in Arkansas.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent information.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Arkansas (PPCIUBU18AR05000A156NCEN), retrieved from FRED.