90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Colorado
PPCILBU18CO08000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.10
Year-over-Year Change
-40.59%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the lower bound of the 90% confidence interval for the percentage of people aged 0-17 living in poverty in Colorado. It provides an estimate of the minimum poverty rate for Colorado's child 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 Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Colorado tracks the lower end of the range within which the true child poverty rate in Colorado is likely to fall, with 90% confidence. This metric is used by policymakers and researchers to understand the scale and distribution of poverty among children in the state.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This poverty trend is relevant for informing social welfare programs and policies aimed at reducing child poverty in Colorado.
Key Facts
- The current lower bound estimate is X.X%.
- Child poverty rates are often higher than overall poverty rates.
- Reducing child poverty is a key policy goal for many states.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the percentage of people aged 0-17 living in poverty in Colorado. It provides an estimate of the minimum child poverty rate in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, researchers, and analysts seeking to understand the scale and distribution of child poverty in Colorado. It informs social welfare programs and policies aimed at reducing poverty 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 poverty trend is used to help inform social welfare programs and policies aimed at reducing child poverty in Colorado.
Q: Are there update delays or limitations?
A: The data is subject to the normal update schedule and 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 People Age 0-17 in Poverty for Colorado (PPCILBU18CO08000A156NCEN), retrieved from FRED.