90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Mississippi
PPCILB5T17MS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
-24.91%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator provides the lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in families in poverty in Mississippi. It offers insights into the economic well-being of families and 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 Related Children Age 5-17 in Families in Poverty for Mississippi is a statistical measure used to assess the economic status of families with children in the state. It represents the lower bound of the 95% confidence interval around the estimated percentage of related children aged 5-17 living in families below the poverty line.
Methodology
This data is collected and calculated by the U.S. Census Bureau as part of their annual poverty estimates.
Historical Context
This trend is used by policymakers, researchers, and analysts to evaluate the economic conditions and social welfare programs targeting low-income families and children in Mississippi.
Key Facts
- The lower bound is an estimate, not the actual poverty rate.
- Poverty can negatively impact child development and educational outcomes.
- This metric is used to track progress in alleviating child poverty in Mississippi.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the lower bound of the 90% confidence interval for the estimated percentage of related children aged 5-17 living in families below the poverty line in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic well-being of families and children in Mississippi, which is crucial for evaluating social welfare programs and guiding policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated annually by the U.S. Census Bureau as part of their poverty estimates.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and analysts use this indicator to assess the economic conditions and effectiveness of social programs targeting low-income families and children in Mississippi.
Q: Are there update delays or limitations?
A: There may be delays in data availability, and the estimate is subject to statistical uncertainty due to sampling and other factors.
Related Trends
Chain-Type Quantity Index for Real GDP: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Mississippi
MSMISCPROQGSP
All Employees: Manufacturing: Non-Durable Goods: Paper Manufacturing in Mississippi
SMU28000003232200001SA
Number of Identified Exporters to Trinidad and Tobago from Mississippi
MSTTOA475SCEN
State Government Tax Collections, General Sales and Gross Receipts Taxes in Mississippi
MSSALESTAX
Personal Consumption Expenditures: Total for Mississippi
MSPCE
Total Carbon Dioxide Emissions From All Sectors, Coal for Mississippi
EMISSCO2TOTVTTCOMSA
Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Mississippi (PPCILB5T17MS28000A156NCEN), retrieved from FRED.