SNAP Benefits Recipients in El Paso County, CO
CBR08041COA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,360.00
Year-over-Year Change
26.36%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in El Paso County, Colorado. Understanding SNAP participation levels is crucial for policymakers evaluating the social safety net and food security 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 El Paso County, CO trend tracks the monthly count of individuals enrolled in the federal SNAP program within this specific county. SNAP provides nutritional assistance to low-income households, making this data important for evaluating the economic wellbeing and food access of the local population.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
SNAP enrollment figures help inform state and local policies related to poverty, food insecurity, and social services.
Key Facts
- El Paso County is the most populous county in Colorado.
- SNAP benefits averaged $157 per household in 2021.
- Over 15% of El Paso County residents participate in SNAP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly number of individuals enrolled in the Supplemental Nutrition Assistance Program (SNAP) in El Paso County, Colorado.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data is crucial for evaluating food security, poverty, and the effectiveness of social welfare programs in the local area.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: SNAP participation figures help inform state and local policies related to poverty, food insecurity, and social services.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in El Paso County, CO (CBR08041COA647NCEN), retrieved from FRED.