90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Indiana
PPCIUB0T4IN18000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.90
Year-over-Year Change
-35.84%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the upper bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Indiana. It provides insight into the economic well-being of young 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 represents the highest plausible value for the poverty rate among young children in Indiana, given statistical uncertainty. This metric helps policymakers and researchers understand the potential scale of childhood poverty in the state.
Methodology
The data is calculated from U.S. Census Bureau survey responses.
Historical Context
This trend is used to inform policies and programs aimed at reducing child poverty.
Key Facts
- Measured as a 90% confidence interval upper bound.
- Focuses on poverty among children under age 5.
- Covers the state of Indiana.
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 under age 5 living in poverty in Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric helps policymakers and researchers understand the potential scale of childhood poverty in the state, which is crucial for informing policies and programs aimed at reducing child poverty.
Q: How is this data collected or calculated?
A: The data is calculated from U.S. Census Bureau survey responses.
Q: How is this trend used in economic policy?
A: This trend is used to inform policies and programs aimed at reducing child poverty in Indiana.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and statistical limitations inherent in survey-based estimates.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Indiana (PPCIUB0T4IN18000A156NCEN), retrieved from FRED.