90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for North Carolina
PPCIUBU18NC37000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.10
Year-over-Year Change
-30.65%
Date Range
1/1/1989 - 1/1/2023
Summary
The 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for North Carolina measures the upper limit of the 90% confidence interval for the poverty rate among North Carolinians under age 18. This statistic is important for understanding economic hardship and allocating 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
This indicator represents the highest plausible value, at a 90% confidence level, for the percentage of North Carolinians aged 0-17 living below the poverty line. Economists and policymakers use this metric to assess child poverty and target anti-poverty initiatives.
Methodology
The data is calculated from U.S. Census Bureau survey responses.
Historical Context
This trend is relevant for policies and programs aimed at reducing child poverty in North Carolina.
Key Facts
- The latest value is 23.9%.
- This is a high-end estimate of child poverty in North Carolina.
- Poverty data is crucial for targeting social services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the upper bound of the 90% confidence interval for the percentage of North Carolinians under age 18 who live below the poverty line.
Q: Why is this trend relevant for users or analysts?
A: This high-end poverty estimate is important for understanding the scale of economic hardship faced by children in North Carolina and informing policies to address it.
Q: How is this data collected or calculated?
A: The data is calculated from U.S. Census Bureau survey responses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess child poverty levels and target anti-poverty initiatives in North Carolina.
Q: Are there update delays or limitations?
A: The data may have lags due to the time required for Census Bureau surveys and calculations.
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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 North Carolina (PPCIUBU18NC37000A156NCEN), retrieved from FRED.