SNAP Benefits Recipients in New Hampshire
BRNH33M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,437.00
Year-over-Year Change
10.50%
Date Range
1/1/1981 - 6/1/2023
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in the state of New Hampshire. Understanding SNAP participation is crucial for evaluating the food security and socioeconomic conditions of vulnerable populations.
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 New Hampshire series measures the monthly count of individuals enrolled in the federal food assistance program within the state. This data provides insight into the social safety net and household financial stability in New Hampshire.
Methodology
The data is collected and reported by the U.S. Department of Agriculture.
Historical Context
Policymakers and economists analyze SNAP participation trends to inform decisions around funding, eligibility, and program effectiveness.
Key Facts
- SNAP provides monthly benefits to low-income individuals and families to purchase groceries.
- New Hampshire has seen a decline in SNAP enrollment since the mid-2010s.
- SNAP participation is often viewed as an indicator of economic hardship and food insecurity.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of individuals in the state of New Hampshire who are enrolled in the federal Supplemental Nutrition Assistance Program (SNAP).
Q: Why is this trend relevant for users or analysts?
A: SNAP participation data provides valuable insights into the social safety net, household financial stability, and food security conditions in New Hampshire.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Agriculture.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze SNAP enrollment trends to inform decisions around program funding, eligibility requirements, and overall effectiveness.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically within a few months of the reference period.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in New Hampshire (BRNH33M647NCEN), retrieved from FRED.