90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Wisconsin
PPCIUBU18WI55000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
-29.32%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the 90% confidence interval upper bound of the estimated percentage of people aged 0-17 living in poverty in Wisconsin. It provides important insights into the economic well-being of Wisconsin's youth 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 is a statistical measure that indicates the upper limit of the range within which the true population parameter is expected to fall, with 90% confidence. This metric is useful for analyzing trends and disparities in child poverty across different regions.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This trend is relevant for policymakers, social service providers, and researchers studying poverty and inequality in Wisconsin.
Key Facts
- The 90% confidence interval upper bound for child poverty in Wisconsin was 18.6% in 2019.
- Wisconsin's child poverty rate is lower than the national average.
- Poverty disproportionately affects certain demographic groups in Wisconsin.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 90% confidence interval upper bound of the estimated percentage of people aged 0-17 living in poverty in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of Wisconsin's youth population and can inform policymaking and social service provision.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, social service providers, and researchers studying poverty and inequality in Wisconsin.
Q: Are there update delays or limitations?
A: The data is subject to the limitations and update schedules of the U.S. Census Bureau's surveys.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Percent of People Age 0-17 in Poverty for Wisconsin (PPCIUBU18WI55000A156NCEN), retrieved from FRED.