90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Connecticut
PECILBU18CT09000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86,487.00
Year-over-Year Change
-20.92%
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 people aged 0-17 living in poverty in Connecticut. It provides insight into the economic well-being of 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 Lower Bound of Estimate of People Age 0-17 in Poverty for Connecticut represents the lower range of the statistical margin of error for the child poverty rate in the state. This metric is used by policymakers and analysts to understand the scale and trends of child poverty and target programs and resources accordingly.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for evaluating the effectiveness of anti-poverty initiatives and informing social welfare policies.
Key Facts
- The current lower bound of the 90% confidence interval is X.X%.
- Child poverty in Connecticut has decreased by Y% over the past 10 years.
- This metric is used to track progress towards the state's goal of reducing child poverty by Z% by 2030.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimate of people aged 0-17 living in poverty in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and trends of child poverty in Connecticut, which is crucial for policymakers and analysts to evaluate the effectiveness of anti-poverty initiatives and inform social welfare policies.
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 trend is relevant for evaluating the effectiveness of anti-poverty initiatives and informing social welfare policies in Connecticut.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be a delay of several months before the latest information is available.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of People Age 0-17 in Poverty for Connecticut (PECILBU18CT09000A647NCEN), retrieved from FRED.