90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Missouri
PECIUB5T17MO29000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143,254.00
Year-over-Year Change
-31.74%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 in families living in poverty in Missouri. It offers insights into child 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 Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Missouri represents the upper value of the 90% statistical range for this poverty metric. It is used by policymakers and researchers to analyze trends in child poverty and target assistance programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric informs decisions around social welfare policies and allocation of resources to support low-income families and children in Missouri.
Key Facts
- Missouri's upper bound for child poverty in families was 29.0% in the latest data.
- This metric has been tracked since 2005 to monitor changes in child poverty over time.
- The upper bound indicates the high end of the statistical range for this estimate.
FAQs
Q: What does this economic trend measure?
A: This indicator provides the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 living in poverty in Missouri.
Q: Why is this trend relevant for users or analysts?
A: The 90% confidence interval upper bound offers insights into the high end of the range for child poverty levels, which is crucial data for policymakers and researchers analyzing poverty and targeting assistance programs.
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 decisions around social welfare policies and the allocation of resources to support low-income families and children in Missouri.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Missouri (PECIUB5T17MO29000A647NCEN), retrieved from FRED.