90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Idaho
This dataset tracks 90% confidence interval upper bound of estimate of percent of people age 0-17 in poverty for idaho over time.
Latest Value
12.30
Year-over-Year Change
-45.09%
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 Idaho. It provides important insights into the scale and distribution of child poverty within 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 Idaho is a statistical measure that helps quantify the uncertainty around the estimated child poverty rate. It represents the upper limit of the range in which the true poverty rate is likely to fall, given the underlying data and sampling methods.
Methodology
This data is collected and calculated by the U.S. Census Bureau through the American Community Survey.
Historical Context
Policymakers and analysts use this metric to understand the scope of child poverty and target interventions in Idaho.
Key Facts
- The upper bound was 16.7% in 2019.
- Child poverty disproportionately affects rural and minority communities in Idaho.
- Reducing child poverty is a key policy goal for many state and local governments.
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 Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and distribution of child poverty within the state, helping policymakers and analysts target interventions more effectively.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through the American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand the scope of child poverty and inform policy decisions and interventions in Idaho.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and the confidence interval may be wider in smaller geographic areas due to sample size limitations.
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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 Idaho (PPCIUBU18ID16000A156NCEN), retrieved from FRED.