90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Hawaii
PPCILB0T4HI15000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.60
Year-over-Year Change
-37.25%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in Hawaii. It provides insights into the economic well-being of young 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 Percent of People Under Age 5 in Poverty for Hawaii represents the lower end of the statistical range for the estimated poverty rate among Hawaii's young population. This metric is used by economists and policymakers to gauge the extent of economic hardship faced by vulnerable demographic groups.
Methodology
The data is calculated based on survey responses and statistical modeling by the U.S. Census Bureau.
Historical Context
This poverty metric informs discussions around social safety net programs and targeted economic policies in Hawaii.
Key Facts
- The latest data point shows the 90% confidence interval lower bound for child poverty in Hawaii is 10.7%.
- Hawaii's child poverty rate is lower than the national average, but significant disparities exist within the state.
- Trends in this metric can inform policy decisions around social assistance programs and economic development initiatives.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic well-being of young children in Hawaii, which is important for informing social welfare policies and programs targeted at vulnerable demographics.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on survey responses and statistical modeling.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform policy decisions around social assistance programs and economic development initiatives in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to the limitations of survey-based estimates and may experience update delays due to the Census Bureau's data collection and processing timelines.
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Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Hawaii (PPCILB0T4HI15000A156NCEN), retrieved from FRED.