90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for North Carolina
PECILB5T17NC37000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
274,735.00
Year-over-Year Change
-25.32%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimate of the percentage of related children aged 5-17 living in poverty in North Carolina. It provides important insights into childhood poverty levels 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 Lower Bound for Related Children Age 5-17 in Families in Poverty for North Carolina is a statistical measure that helps quantify the uncertainty around poverty estimates for this demographic group. It is used by policymakers and researchers to better understand the scale and distribution of child poverty in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric informs discussions around economic support programs and social service needs in North Carolina.
Key Facts
- The 90% confidence interval lower bound for child poverty in North Carolina was 20.3% in 2021.
- North Carolina's child poverty rate is higher than the national average.
- Reducing childhood poverty is a key policy priority in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimate of the percentage of related children aged 5-17 living in poverty in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and distribution of child poverty in North Carolina, informing discussions around economic support programs and social service needs.
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 informs discussions around economic support programs and social service needs in North Carolina.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for North Carolina (PECILB5T17NC37000A647NCEN), retrieved from FRED.