90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for North Carolina
PPCILB5T17NC37000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.10
Year-over-Year Change
-28.44%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator estimates the lower bound of the 90% confidence interval for the percentage of related children aged 5-17 living in poverty in North Carolina. It provides insights into the economic well-being of families 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 North Carolina is a statistical measure that helps quantify the uncertainty around estimates of childhood poverty rates in the state. It is used by policymakers and researchers to better understand the extent of economic hardship faced by families.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This indicator is relevant for informing social and economic policies targeted at reducing child poverty in North Carolina.
Key Facts
- The latest data point shows the 90% confidence interval lower bound is 17.6%.
- Childhood poverty rates are important indicators of a state's overall economic health.
- This measure helps policymakers identify areas of greatest need for anti-poverty programs.
FAQs
Q: What does this economic trend measure?
A: This indicator estimates the lower bound of the 90% confidence interval for the percentage of related children aged 5-17 living in poverty in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This measure provides insights into the economic well-being of families in North Carolina and helps inform social and economic policies targeted at reducing child poverty.
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 indicator is relevant for informing social and economic policies targeted at reducing child poverty in North Carolina.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for North Carolina (PPCILB5T17NC37000A156NCEN), retrieved from FRED.