SNAP Benefits Recipients in Catron County, NM
CBR35003NMA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
269.00
Year-over-Year Change
-40.62%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Catron County, New Mexico. It provides important insight into food security and economic well-being in the region.
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 Catron County, NM trend tracks the total number of individuals receiving federal SNAP assistance in this rural county. This data is used by policymakers, economists, and social service providers to understand trends in poverty, food insecurity, and the effectiveness of anti-poverty programs.
Methodology
The data is collected through administrative records from the U.S. Department of Agriculture's SNAP program.
Historical Context
This trend is relevant for evaluating the economic conditions and social support needs in Catron County and surrounding areas.
Key Facts
- Catron County has a population of around 3,500 people.
- Over 20% of Catron County residents receive SNAP benefits.
- SNAP participation in the county has increased by 15% in 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 Catron County, New Mexico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into food security, poverty, and the effectiveness of social safety net programs in Catron County and the surrounding region.
Q: How is this data collected or calculated?
A: The data is collected through administrative records from the U.S. Department of Agriculture's SNAP program.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and social service providers use this data to evaluate economic conditions and the need for anti-poverty programs in Catron County and similar rural areas.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month delay and may not capture the full scope of SNAP participation in the county.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Catron County, NM (CBR35003NMA647NCEN), retrieved from FRED.