SNAP Benefits Recipients in Lane County, OR
CBR41039ORA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,726.00
Year-over-Year Change
-3.67%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Lane County, Oregon. It provides insights into the level of food insecurity and socioeconomic conditions in the local area.
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 Lane County, OR trend tracks the total number of individuals receiving federal SNAP benefits, formerly known as food stamps, within this specific county in Oregon. This data is useful for understanding the prevalence of food assistance needs and poverty levels in the local economy.
Methodology
The data is collected through state and federal social service program enrollment records.
Historical Context
Policymakers and researchers use this metric to evaluate the effectiveness of food aid programs and identify areas with greater economic hardship.
Key Facts
- SNAP provides nutrition assistance to millions of eligible, low-income individuals and families.
- Lane County is located in western Oregon and includes the city of Eugene.
- SNAP participation rates can indicate the overall economic well-being of a local community.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Lane County, Oregon.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients trend provides insights into the level of food insecurity and poverty in the local economy, which is useful information for policymakers, researchers, and community stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through state and federal social service program enrollment records.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this metric to evaluate the effectiveness of food aid programs and identify areas with greater economic hardship that may require additional support or interventions.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting due to the nature of social service program enrollment records, but it generally provides a reliable and timely representation of SNAP participation in the local area.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lane County, OR (CBR41039ORA647NCEN), retrieved from FRED.