90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Idaho
PPCILB0T4ID16000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.70
Year-over-Year Change
-50.00%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the lower bound of the 90% confidence interval for the percent of people under age 5 living in poverty in Idaho. It provides important 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 Idaho represents the lower limit of the range in which the true poverty rate for young children is likely to fall, with 90% confidence. This statistic helps policymakers and analysts understand the extent of child poverty in Idaho.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used to inform policies and programs aimed at reducing child poverty in Idaho.
Key Facts
- The lower bound of the 90% confidence interval was 15.3% in 2021.
- Child poverty disproportionately affects certain demographics in Idaho.
- Reducing child poverty is a key policy objective for the state government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the percent of people under age 5 living in poverty in Idaho.
Q: Why is this trend relevant for users or analysts?
A: This statistic helps policymakers and analysts understand the extent of child poverty in Idaho, which is crucial for informing policies and programs aimed at reducing it.
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 used to inform policies and programs aimed at reducing child poverty in Idaho.
Q: Are there update delays or limitations?
A: The data is released annually with a delay, and may be subject to sampling and estimation error.
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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 Idaho (PPCILB0T4ID16000A156NCEN), retrieved from FRED.