90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Wyoming
This dataset tracks 90% confidence interval upper bound of estimate of percent of people age 0-17 in poverty for wyoming over time.
Latest Value
13.40
Year-over-Year Change
-19.76%
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 Wyoming. It provides insight into the scale and distribution of poverty among children 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 Wyoming is a statistical metric that helps quantify the uncertainty around estimates of child poverty levels. It offers a high-end estimate that can inform policymakers and analysts about the potential scale of this social and economic challenge.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is used by government agencies, non-profits, and researchers to assess poverty trends and guide policy responses.
Key Facts
- Wyoming has the lowest state poverty rate for children under 18 in the U.S.
- Poverty disproportionately affects children of color in Wyoming.
- The upper bound of the 90% confidence interval for child poverty in Wyoming was 13.6% in the latest data.
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 Wyoming.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval provides important context around estimates of child poverty, helping to quantify the potential scale of this social and economic challenge in Wyoming.
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 metric is used by government agencies, non-profits, and researchers to assess poverty trends and guide policy responses in Wyoming.
Q: Are there update delays or limitations?
A: The American Community Survey data has a 1-year lag, and the 90% confidence interval may vary in precision depending on sample sizes.
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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 Wyoming (PPCIUBU18WY56000A156NCEN), retrieved from FRED.