90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for North Carolina
PPCIUB0T4NC37000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.30
Year-over-Year Change
-37.74%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in North Carolina. It provides important insight into the state of child poverty in the region.
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 upper bound for the percent of people under 5 in poverty in North Carolina is a key metric used by economists and policymakers to assess the level of poverty among young children in the state. It helps identify areas of concern and guide targeted assistance programs.
Methodology
The data is collected through household surveys and statistical modeling by the U.S. Census Bureau.
Historical Context
This trend is widely used to inform poverty reduction initiatives and social welfare policies at the state and local level.
Key Facts
- The latest upper bound is 31.1%.
- Child poverty rates are significantly higher than the overall state average.
- Poverty disproportionately impacts certain demographic groups in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percent of people under age 5 living in poverty in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the level of child poverty in the state, helping to inform poverty reduction initiatives and social welfare policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and statistical modeling by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers at the state and local level to guide poverty reduction programs and social welfare policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis but may be subject to some delays in reporting.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for North Carolina (PPCIUB0T4NC37000A156NCEN), retrieved from FRED.