90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Oklahoma
This dataset tracks 90% confidence interval upper bound of estimate of percent of people age 0-17 in poverty for oklahoma over time.
Latest Value
21.20
Year-over-Year Change
-14.17%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percent of people aged 0-17 living in poverty in Oklahoma. It provides important insights into the state's child poverty levels and economic well-being.
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 Oklahoma represents the upper limit of the statistically reliable range for the estimated child poverty rate in the state. This metric is used by policymakers and analysts to assess the economic challenges facing Oklahoma's youth population.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys and statistical modeling.
Historical Context
This trend is relevant for understanding the economic conditions and social welfare needs in Oklahoma, informing policy decisions aimed at reducing child poverty.
Key Facts
- The upper bound of the 90% confidence interval was 24.1% in 2020.
- Oklahoma'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 trend measures the upper bound of the 90% confidence interval for the estimated percent of people aged 0-17 living in poverty in Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the economic challenges facing Oklahoma's youth population, informing policy decisions aimed at reducing child poverty.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys and statistical modeling.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic conditions and social welfare needs in Oklahoma, informing policy decisions aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is subject to the survey and modeling limitations of the U.S. Census Bureau, with potential update delays.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Oklahoma (PPCIUBU18OK40000A156NCEN), retrieved from FRED.