90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Indiana
PPCIUBU18IN18000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
-32.19%
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 Indiana. It provides insights into the distribution of poverty levels within the state's child population.
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 Indiana represents the upper range of the statistically significant interval for the estimated child poverty rate. Economists and policymakers use this data to understand the prevalence and uncertainty around childhood poverty in the state.
Methodology
The data is calculated by the U.S. Census Bureau using survey data and statistical methods.
Historical Context
This trend is relevant for informing state-level poverty alleviation policies and allocating resources to support Indiana's children and families.
Key Facts
- The upper bound of the 90% confidence interval for Indiana's child poverty rate in the latest year was XX%.
- Childhood poverty in Indiana has remained a persistent challenge, with the upper bound of the confidence interval exceeding XX% over the past decade.
- Reducing childhood poverty is a key priority for Indiana's economic and social development.
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 the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the distribution and uncertainty around childhood poverty levels in Indiana, which is crucial for informing state-level policies and resource allocation to support children and families.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey data and statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the prevalence and distribution of childhood poverty in Indiana, which informs state-level policies and programs aimed at reducing poverty and supporting child development.
Q: Are there update delays or limitations?
A: The data is published with a delay, typically reflecting the latest available survey data from the U.S. Census Bureau. There may also be limitations in the sample size and statistical methods used to estimate the confidence interval.
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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 Indiana (PPCIUBU18IN18000A156NCEN), retrieved from FRED.