SNAP Benefits Recipients in Alabama
BRAL01M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
775,368.00
Year-over-Year Change
1.86%
Date Range
1/1/1981 - 6/1/2023
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in the state of Alabama. It is an important economic indicator for tracking social welfare program utilization and food security levels.
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 Alabama data series tracks the total number of individuals receiving federal SNAP benefits within the state. This metric provides insight into Alabama's food insecurity levels and the state's reliance on social safety net programs.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to assess the economic health and social welfare needs of Alabama's population.
Key Facts
- Alabama has one of the highest SNAP recipient rates in the U.S.
- SNAP participation tends to increase during economic downturns.
- SNAP benefits provide critical food assistance to low-income households.
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 Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Alabama's food security levels and reliance on social safety net programs, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the economic health and social welfare needs of Alabama's population.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month delay in publication.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Alabama (BRAL01M647NCEN), retrieved from FRED.