90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Georgia
This dataset tracks 90% confidence interval upper bound of estimate of percent of people age 0-17 in poverty for georgia over time.
Latest Value
19.50
Year-over-Year Change
-28.57%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides an upper bound estimate of the percentage of people aged 0-17 living in poverty in the state of Georgia. It offers insights into economic hardship and well-being among youth populations.
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 estimate of the percent of people aged 0-17 in poverty in Georgia is a key statistic used by economists and policymakers to track child poverty levels and assess the effectiveness of social programs.
Methodology
The data is calculated by the U.S. Census Bureau using survey data and statistical modeling.
Historical Context
This metric helps inform decisions around targeted investments and policies to support low-income families and promote economic opportunity.
Key Facts
- The 90% confidence interval upper bound was 28.3% in 2021.
- Georgia's child poverty rate is higher than the national average.
- Reducing child poverty is a key policy priority in the state.
FAQs
Q: What does this economic trend measure?
A: This indicator provides an upper bound estimate of the percentage of people aged 0-17 living in poverty in the state of Georgia.
Q: Why is this trend relevant for users or analysts?
A: Tracking child poverty levels is crucial for evaluating the effectiveness of social programs and informing policy decisions to support low-income families.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey data and statistical modeling.
Q: How is this trend used in economic policy?
A: This metric helps inform decisions around targeted investments and policies to promote economic opportunity and reduce child poverty in Georgia.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and the confidence interval provides a range rather than a precise point estimate.
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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 Georgia (PPCIUBU18GA13000A156NCEN), retrieved from FRED.