SNAP Benefits Recipients in Delaware
BRDE10M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121,500.00
Year-over-Year Change
1.00%
Date Range
1/1/1981 - 6/1/2023
Summary
The 'SNAP Benefits Recipients in Delaware' metric tracks the number of individuals in Delaware receiving Supplemental Nutrition Assistance Program (SNAP) benefits, a key indicator of food insecurity and economic well-being in the state.
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 series represents the monthly count of SNAP benefit recipients in the state of Delaware. SNAP, formerly known as food stamps, is a federal program that provides nutritional assistance to low-income individuals and families, making it an important measure of financial hardship and social welfare.
Methodology
The data is collected by the U.S. Department of Agriculture from state SNAP administrative records.
Historical Context
Policymakers and economists use this metric to assess the need for food assistance programs and evaluate the economic conditions impacting Delaware residents.
Key Facts
- SNAP benefits help over 40 million Americans afford nutritious food.
- In 2021, over 148,000 Delawareans received SNAP benefits.
- SNAP has been shown to reduce food insecurity and improve health outcomes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of individuals in Delaware receiving Supplemental Nutrition Assistance Program (SNAP) benefits, a key indicator of food insecurity and economic well-being in the state.
Q: Why is this trend relevant for users or analysts?
A: SNAP is an important social welfare program, and the number of recipients in Delaware reflects the state's economic conditions and need for food assistance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture from state SNAP administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the need for food assistance programs and evaluate the economic conditions impacting Delaware residents.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be some lag in reporting from the state to the federal government.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Delaware (BRDE10M647NCEN), retrieved from FRED.