Dynamics of Economic Well-Being: Poverty, 1992 to 1993 - Highlights
- Using annual estimates, about 21.6 (± 1.9) percent of people
who were poor in 1992 were not poor in 1993.1 Children and
the elderly were less likely to exit poverty than nonelderly
- A noticeable proportion of the population was poor on a
chronic basis 4.8 (± 0.3) percent or 11.9 (± 0.7) million
people were poor all 24 months of 1992 and 1993.
- One-half of all poverty spells lasted 4.9 months or longer,
but Blacks had significantly longer poverty than 6.2 months,
compared with 4.6 months for Whites.
- The figures in parentheses signify the 90-percent confidence intervals of the estimates.
Source: U.S. Census Bureau | Social, Economic, and Housing Statistics Division: Poverty |
September 16, 2010