90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Wisconsin
PECIUBU18WI55000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165,653.00
Year-over-Year Change
-32.96%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated number of people aged 0-17 living in poverty in the state of Wisconsin. It provides important insight into the economic well-being of the state's youth 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 People Age 0-17 in Poverty for Wisconsin tracks an estimate of the maximum number of children and adolescents in the state living below the poverty line. This metric is used by policymakers and researchers to gauge the scale of child poverty and guide programs aimed at assisting low-income families.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for evaluating the economic conditions and social policies affecting Wisconsin's youth population.
Key Facts
- The upper bound estimate for Wisconsin was 194,798 in 2021.
- Child poverty is associated with lower educational attainment and poorer health outcomes.
- Reducing child poverty is a key policy goal for many state and federal programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated number of people aged 0-17 living in poverty in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the scale of child poverty in Wisconsin, which is crucial for policymakers and researchers working to address economic hardship among the state's youth population.
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 economic conditions and social policies affecting Wisconsin's youth population, and for guiding programs aimed at assisting low-income families.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the American Community Survey.
Related Trends
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Recreational Goods and Vehicles for Wisconsin
WIPCEPCRECGD
State Unemployment Benefits in Wisconsin
WIOBEN
Commercial Carbon Dioxide Emissions, Kerosene for Wisconsin
EMISSCO2VKSCCBWIA
All Employees: Retail Trade: Food and Beverage Retailers in Wisconsin
SMU55000004244500001SA
Real Gross Domestic Product: Primary Metal Manufacturing (331) in Wisconsin
WIPRIMETMANRGSP
Real Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Wisconsin
WIARTETRTACCFDRGSP
Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of People Age 0-17 in Poverty for Wisconsin (PECIUBU18WI55000A647NCEN), retrieved from FRED.