90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Wisconsin
PECILB5T17WI55000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105,036.00
Year-over-Year Change
-29.34%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in families in poverty in Wisconsin. It provides a statistically rigorous assessment of poverty levels among this vulnerable 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 Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Wisconsin is a key metric used by economists and policymakers to track poverty dynamics among families with school-aged children. It offers a conservative estimate of the share of this demographic living below the poverty line in the state.
Methodology
This data is collected and calculated by the U.S. Census Bureau through annual surveys.
Historical Context
Trends in this metric are closely monitored by government agencies, nonprofits, and analysts to guide anti-poverty programs and policies.
Key Facts
- This metric has a 90% confidence interval to ensure statistical reliability.
- Related children are those linked to the householder by birth, marriage, or adoption.
- Poverty levels among school-aged children are a key concern for policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in families in poverty in Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a statistically rigorous assessment of poverty levels among a vulnerable population, informing policies and programs aimed at supporting families and children.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through annual surveys.
Q: How is this trend used in economic policy?
A: Trends in this metric are closely monitored by government agencies, nonprofits, and analysts to guide anti-poverty programs and policies.
Q: Are there update delays or limitations?
A: The data is subject to the timelines and methodological constraints of the U.S. Census Bureau's annual surveys.
Related Trends
All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Wisconsin
SMU55000007072259001
Chain-Type Quantity Index for Real GDP: Rental and Leasing Services and Lessors of Nonfinancial Intangible Assets (532-533) in Wisconsin
WIRENTQGSP
Chain-Type Quantity Index for Real GDP: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Wisconsin
WIMISCPROQGSP
State Government Tax Collections, Severance Taxes in Wisconsin
WISVRNCTAX
Housing Inventory: Active Listing Count Year-Over-Year in Wisconsin
ACTLISCOUYYWI
Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Wisconsin
EMISSCO2VARICBWIA
Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Wisconsin (PECILB5T17WI55000A647NCEN), retrieved from FRED.