SNAP Benefits Recipients in Montgomery County, IN
CBR18107INA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,914.00
Year-over-Year Change
-35.37%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Montgomery County, Indiana. It provides important insights into food security and poverty levels in the local area.
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 Montgomery County, IN data series tracks the total number of individuals receiving Supplemental Nutrition Assistance Program benefits within this specific county. This metric is used by policymakers and economists to analyze trends in local food insecurity and the need for social support programs.
Methodology
The data is collected and reported by the U.S. Census Bureau based on administrative records.
Historical Context
This economic indicator is relevant for assessing the effectiveness of food assistance policies and the overall economic well-being of Montgomery County residents.
Key Facts
- Montgomery County, IN has a population of around 38,000 people.
- In 2021, there were over 7,000 SNAP recipients in the county.
- SNAP participation rates tend to increase during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Montgomery County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into food security and poverty levels in the local area, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for assessing the effectiveness of food assistance policies and the overall economic well-being of Montgomery County residents.
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 Montgomery County, IN (CBR18107INA647NCEN), retrieved from FRED.