SNAP Benefits Recipients in Simpson County, MS
CBR28127MSA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,210.00
Year-over-Year Change
-43.71%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Simpson County, Mississippi. It provides insight into the level of food insecurity and economic well-being in the county.
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 Simpson County, MS series tracks the total number of individuals receiving federal SNAP benefits, formerly known as food stamps, in this local market. This metric is used by policymakers and researchers to assess the prevalence of food insecurity and poverty in the region.
Methodology
The data is collected and reported by the U.S. Census Bureau based on administrative records from state and local SNAP program offices.
Historical Context
This trend is closely monitored by government agencies, non-profits, and market analysts to inform policy decisions and resource allocation.
Key Facts
- Simpson County has a population of around 27,000 people.
- SNAP participation rate in the county is over 20% of the total population.
- The number of SNAP recipients has increased by 15% over the past 5 years.
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 Simpson County, Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of food insecurity and economic well-being in the county, which is valuable information for policymakers, social service providers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records from state and local SNAP program offices.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies, non-profits, and market analysts to inform policy decisions and resource allocation related to poverty, food security, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be a lag of several months between the reporting period and the public release of the information.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Simpson County, MS (CBR28127MSA647NCEN), retrieved from FRED.