90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for South Carolina
This dataset tracks 90% confidence interval upper bound of estimate of percent of people age 0-17 in poverty for south carolina over time.
Latest Value
19.70
Year-over-Year Change
-30.63%
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 South Carolina. It provides insight into the level of uncertainty around poverty estimates for this demographic.
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 represents the highest plausible value for the poverty rate among children in South Carolina, given the underlying data and statistical methods. This metric is used by policymakers and researchers to understand the potential scale of child poverty in the state.
Methodology
The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Historical Context
This poverty trend informs policy decisions and resource allocation targeted at reducing child poverty in South Carolina.
Key Facts
- The latest upper bound estimate is 23.4%.
- Poverty rates tend to be higher for children than the overall population.
- Reducing child poverty is a key policy goal in many states.
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 South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the potential scale of child poverty in South Carolina, informing policy decisions and resource allocation aimed at reducing poverty among this demographic.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Q: How is this trend used in economic policy?
A: This poverty trend informs policy decisions and resource allocation targeted at reducing child poverty in South Carolina.
Q: Are there update delays or limitations?
A: The data is subject to survey sampling and modeling limitations, with potential delays in publishing new estimates.
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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 South Carolina (PPCIUBU18SC45000A156NCEN), retrieved from FRED.