SNAP Benefits Recipients in Matanuska-Susitna Borough, AK

CBR02170AKA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

11,768.00

Year-over-Year Change

29.73%

Date Range

1/1/1989 - 1/1/2022

Summary

The 'SNAP Benefits Recipients in Matanuska-Susitna Borough, AK' metric tracks the number of individuals in this Alaskan county receiving Supplemental Nutrition Assistance Program (SNAP) benefits. This data provides insights into food security and economic well-being within 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

This economic indicator reports the total count of SNAP recipients residing in Matanuska-Susitna Borough, Alaska. SNAP, formerly known as food stamps, is a federal program that provides nutrition assistance to low-income individuals and families. Analyzing SNAP participation can inform policymakers about local socioeconomic conditions and the need for food support.

Methodology

The data is collected through administrative records from state and local social services agencies.

Historical Context

SNAP participation data is used by government agencies, researchers, and advocacy groups to evaluate the effectiveness of food assistance programs and guide policy decisions.

Key Facts

  • Matanuska-Susitna Borough is the third-largest county in Alaska by population.
  • SNAP participation rates can indicate the level of food insecurity in a local area.
  • The data is reported on a monthly basis by the U.S. Census Bureau.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of individuals in Matanuska-Susitna Borough, Alaska who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits, formerly known as food stamps.

Q: Why is this trend relevant for users or analysts?

A: SNAP participation data provides insights into food security and economic well-being within the region, which is valuable information for policymakers, researchers, and advocacy groups.

Q: How is this data collected or calculated?

A: The data is collected through administrative records from state and local social services agencies.

Q: How is this trend used in economic policy?

A: SNAP participation data is used by government agencies, researchers, and advocacy groups to evaluate the effectiveness of food assistance programs and guide policy decisions.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis by the U.S. Census Bureau, with some potential for slight delays in publication.

Related Trends

Citation

U.S. Federal Reserve, SNAP Benefits Recipients in Matanuska-Susitna Borough, AK (CBR02170AKA647NCEN), retrieved from FRED.