90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Arizona
PPCIUBU18AZ04000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.50
Year-over-Year Change
-41.28%
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 aged 0-17 in poverty in Arizona. It provides insight into the uncertainty around estimates of child poverty 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 Arizona represents the upper limit of the range in which the true child poverty rate in the state is expected to fall, with 90% confidence. This statistic is used by policymakers and analysts to understand the scale and scope of poverty affecting Arizona's youth population.
Methodology
The data is collected and calculated by the U.S. Census Bureau as part of their Supplemental Poverty Measure program.
Historical Context
This trend helps inform policy decisions and resource allocation aimed at addressing child poverty in Arizona.
Key Facts
- The 90% confidence interval upper bound was 25.1% in 2021.
- Arizona's child poverty rate is higher than the national average.
- Policymakers use this metric to target anti-poverty initiatives.
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 aged 0-17 living in poverty in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insight into the scale of child poverty in Arizona and helps inform policy decisions and resource allocation aimed at addressing this important issue.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau as part of their Supplemental Poverty Measure program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand the scope of child poverty in Arizona and target anti-poverty initiatives and social programs accordingly.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
Related Trends
Gross Domestic Product: Accommodation (721) in Arizona
AZACCOMDNGSP
Chain-Type Quantity Index for Real GDP: Mining, Quarrying, and Oil and Gas Extraction (21) in Arizona
AZMINQGSP
Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Arizona
AZNATRESMINRGSP
State Government Tax Collections, General Sales and Gross Receipts Taxes in Arizona
AZSALESTAX
Coefficient for Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Arizona
EMISSCO2CARICBAZA
Real Gross Domestic Product: Real Estate (531) in Arizona
AZREALRGSP
Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Arizona (PPCIUBU18AZ04000A156NCEN), retrieved from FRED.