90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Hawaii
PPCIUB5T17HI15000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.90
Year-over-Year Change
-25.43%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the percentage of related children aged 5-17 living in families in poverty in Hawaii. Understanding poverty levels among children is crucial for policymakers addressing economic inequality and access to social services.
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 of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Hawaii provides a statistical estimate of the upper limit of the poverty rate for this demographic group in the state. This data is used by economists and policymakers to assess the economic well-being of families and target anti-poverty initiatives.
Methodology
The data is collected annually through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is relevant for understanding the economic conditions faced by families and informing policies aimed at reducing child poverty.
Key Facts
- The upper bound of the 90% confidence interval was 17.6% in 2020.
- This represents an increase from the 2019 upper bound of 16.6%.
- Child poverty remains a persistent challenge in Hawaii despite economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the percentage of related children aged 5-17 living in families in poverty in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: Understanding poverty levels among children is crucial for policymakers addressing economic inequality and access to social services.
Q: How is this data collected or calculated?
A: The data is collected annually through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic conditions faced by families and informing policies aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is released annually, with a slight delay from the reference year.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods for Hawaii
HIPCEPCNDURG
Gross Domestic Product: Transportation and Warehousing (48-49) in Hawaii
HITRANSWARENGSP
Chain-Type Quantity Index for Real GDP: Health Care and Social Assistance (62) in Hawaii
HIHLTHSOCASSQGSP
Gross Domestic Product: Utilities (22) in Hawaii
HIUTILNGSP
Total Tax Exemptions Under Age 65 for Hawaii
LT65EXMHI15A647NCEN
All Employees: Government in Hawaii
SMU15000009000000001A
Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Hawaii (PPCIUB5T17HI15000A156NCEN), retrieved from FRED.