SNAP Benefits Recipients in Larimer County, CO
CBR08069COA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,323.00
Year-over-Year Change
38.28%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Larimer County, CO' trend measures the number of individuals in Larimer County, Colorado who receive Supplemental Nutrition Assistance Program (SNAP) benefits. This data is crucial for understanding food insecurity and the efficacy of social safety net programs.
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 tracks the utilization of SNAP benefits, a federal program that provides nutritional assistance to low-income individuals and families. The data is used by policymakers, researchers, and local governments to assess the need for and impact of food assistance programs in Larimer County.
Methodology
The data is collected through administrative records by the U.S. Census Bureau.
Historical Context
SNAP benefit usage is an important metric for evaluating the economic well-being of a community and the effectiveness of anti-poverty initiatives.
Key Facts
- SNAP is the largest federal nutrition assistance program in the United States.
- Larimer County is home to over 350,000 residents.
- SNAP benefit usage can fluctuate based on economic conditions and policy changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Larimer County, Colorado who receive Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: SNAP benefit usage is an important indicator of food insecurity and the effectiveness of social safety net programs in a local community. This data is crucial for policymakers, researchers, and local governments to assess the need for and impact of food assistance initiatives.
Q: How is this data collected or calculated?
A: The data is collected through administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: SNAP benefit usage is used by policymakers, economists, and local governments to evaluate the economic well-being of a community and the effectiveness of anti-poverty initiatives. This data can inform decisions about funding, program design, and policy changes related to food assistance.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of U.S. Census Bureau administrative records.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Larimer County, CO (CBR08069COA647NCEN), retrieved from FRED.