90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for North Carolina
PPCIUB5T17NC37000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.70
Year-over-Year Change
-26.56%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the upper bound of the 90% confidence interval for the estimated percentage of related children ages 5-17 living in poverty families in North Carolina. It provides a statistically robust estimate of poverty levels among this vulnerable 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 Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for North Carolina is a measure used to assess poverty rates among children in the state. It represents the upper end of the statistical range in which the true poverty percentage is likely to fall, based on survey data.
Methodology
This metric is calculated by the U.S. Census Bureau using data from the American Community Survey.
Historical Context
Policymakers and economists monitor this trend to understand the scale of child poverty in North Carolina and inform decisions around social programs and resource allocation.
Key Facts
- The current upper bound is 23.9%.
- Child poverty has a significant impact on educational and health outcomes.
- Monitoring this trend helps target anti-poverty initiatives effectively.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the estimated percentage of related children ages 5-17 living in poverty families in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a statistically robust estimate of poverty levels among vulnerable children in North Carolina, which is crucial for informing social policies and programs.
Q: How is this data collected or calculated?
A: This metric is calculated by the U.S. Census Bureau using data from the American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand the scale of child poverty in North Carolina and inform decisions around social programs and resource allocation.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the American Community Survey.
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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 North Carolina (PPCIUB5T17NC37000A156NCEN), retrieved from FRED.