SNAP Benefits Recipients in Washington
BRWA53M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
888,140.00
Year-over-Year Change
-0.94%
Date Range
1/1/1981 - 6/1/2023
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in the state of Washington. It provides important insights into the level of food insecurity and economic conditions 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
The SNAP Benefits Recipients in Washington trend tracks the total number of individuals receiving federal nutrition assistance benefits in the state. This data is used by policymakers, economists, and social service providers to assess the prevalence of food insecurity and evaluate the effectiveness of anti-poverty programs.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
SNAP enrollment figures are a key indicator of economic hardship and can inform decisions around social safety net policies.
Key Facts
- SNAP benefits provide crucial nutrition support to low-income households.
- SNAP enrollment tends to rise during economic downturns.
- Washington state has seen fluctuations in SNAP recipients over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment figures provide important insights into food insecurity and economic hardship in Washington, which can inform policy decisions and the allocation of social services.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: SNAP enrollment data is used by policymakers, economists, and social service providers to assess the prevalence of food insecurity and evaluate the effectiveness of anti-poverty programs.
Q: Are there update delays or limitations?
A: The SNAP benefits data may be subject to occasional delays in reporting or revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Washington (BRWA53M647NCEN), retrieved from FRED.