SNAP Benefits Recipients in New London County, CT
CBR09011CTA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,762.00
Year-over-Year Change
62.13%
Date Range
1/1/1989 - 1/1/2020
Summary
This economic trend measures the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in New London County, Connecticut. It provides insights into food insecurity and economic conditions 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 New London County, CT trend tracks the number of individuals receiving federal food assistance in this specific geographic area. This data is used by policymakers, researchers, and community organizations to understand trends in local poverty, food access, and the efficacy of social safety net programs.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
SNAP benefits data is a key indicator for monitoring economic and social well-being at the county level.
Key Facts
- SNAP is the largest federal food assistance program in the U.S.
- New London County has a population of around 270,000 people.
- SNAP participation rates can reflect changes in local poverty and unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in New London County, Connecticut.
Q: Why is this trend relevant for users or analysts?
A: SNAP benefits data provides insights into food insecurity and economic conditions at the county level, which is useful for policymakers, researchers, and community organizations.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: SNAP benefits data is a key indicator for monitoring economic and social well-being, and is used to inform policies and programs related to food security and poverty alleviation.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in New London County, CT (CBR09011CTA647NCEN), retrieved from FRED.