90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Connecticut
PPCIUBU18CT09000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.90
Year-over-Year Change
-9.74%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Connecticut. It provides valuable insights into the economic well-being 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 Connecticut is a statistic used to assess the economic status of children in the state. It represents the upper limit of the range within which the true poverty rate for this demographic is likely to fall, with 90% confidence.
Methodology
This data is collected and calculated by the U.S. Census Bureau using survey methods.
Historical Context
This trend is useful for policymakers, researchers, and advocates working to address child poverty in Connecticut.
Key Facts
- The data is released annually.
- The most recent value is XX.X%.
- Connecticut's child poverty rate is higher than the national average.
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 Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the economic well-being of children in Connecticut, which is crucial information for policymakers, researchers, and advocates working to address child poverty in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using survey methods.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and advocates to understand the scope and scale of child poverty in Connecticut, informing efforts to develop and implement effective policies and programs to support vulnerable families.
Q: Are there update delays or limitations?
A: The data is released annually, with a delay of approximately one year. There may be limitations in the survey methods used to collect the underlying data.
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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 Connecticut (PPCIUBU18CT09000A156NCEN), retrieved from FRED.