90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Iowa
PPCIUBU18IA19000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.80
Year-over-Year Change
-22.91%
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 aged 0-17 living in poverty in Iowa. It provides a statistical estimate of the maximum likely poverty rate for this demographic group.
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 represents the highest plausible value for the poverty rate, given the statistical uncertainty in the estimate. This metric is useful for policymakers and researchers analyzing economic well-being and targeting social programs.
Methodology
The data is collected through the U.S. Census Bureau's annual survey of income and poverty.
Historical Context
This trend is relevant for assessing the economic conditions and need for support programs targeting Iowa's youth population.
Key Facts
- The highest plausible poverty rate for Iowans aged 0-17 is given by this metric.
- The 90% confidence interval provides a statistical range for the true poverty rate.
- This trend is useful for targeting anti-poverty initiatives in Iowa.
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 aged 0-17 living in poverty in Iowa.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers and researchers analyzing economic well-being and targeting social programs in Iowa.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual survey of income and poverty.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the economic conditions and need for support programs targeting Iowa's youth population.
Q: Are there update delays or limitations?
A: The data may have some delay in reporting due to the census survey process.
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Citation
U.S. Federal Reserve, 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Iowa (PPCIUBU18IA19000A156NCEN), retrieved from FRED.