90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Rhode Island
PPCIUBU18RI44000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.50
Year-over-Year Change
-26.99%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Rhode Island. It helps policymakers and researchers understand the potential scale 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 for the Percent of People Age 0-17 in Poverty for Rhode Island tracks the upper limit of the estimated range for the child poverty rate in the state. This metric is used to contextualize poverty data and assess uncertainty around poverty estimates.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This indicator informs policymaking and program evaluation related to childhood poverty and family support initiatives in Rhode Island.
Key Facts
- Rhode Island's child poverty upper bound was 23.3% in 2021.
- The confidence interval accounts for statistical uncertainty in poverty estimates.
- Poverty data helps target social services and anti-poverty programs.
FAQs
Q: What does this economic trend measure?
A: This indicator provides the upper bound of the 90% confidence interval for the estimated percentage of people aged 0-17 living in poverty in Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: The confidence interval helps contextualize poverty data and assess the potential scale of child poverty in the state, informing policymaking and program evaluation.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This indicator informs policymaking and program evaluation related to childhood poverty and family support initiatives in Rhode Island.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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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 Rhode Island (PPCIUBU18RI44000A156NCEN), retrieved from FRED.