SNAP Benefits Recipients in Posey County, IN
CBR18129INA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,759.00
Year-over-Year Change
-19.31%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Posey County, Indiana. It provides insight into food security and the economic well-being of low-income households 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 Posey County, IN metric tracks the number of individuals and households in the county that receive federal SNAP food assistance benefits. This data is used by policymakers, researchers, and community organizations to understand trends in poverty, food insecurity, and the efficacy of social safety net programs.
Methodology
The data is collected by the U.S. Census Bureau through surveys of local SNAP program administrators.
Historical Context
SNAP participation rates are a key indicator of economic hardship and can inform decisions about social welfare policies and funding.
Key Facts
- Posey County has a population of around 25,000 people.
- SNAP enrollment in the county peaked at over 4,000 households in 2010.
- The SNAP participation rate in Posey County is typically higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Posey County, Indiana that receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide insight into food insecurity and economic hardship in the county, which can inform policymaking and the allocation of social services.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of local SNAP program administrators.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are used by policymakers, researchers, and community organizations to understand trends in poverty and the effectiveness of social safety net programs.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological changes of the U.S. Census Bureau surveys.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Posey County, IN (CBR18129INA647NCEN), retrieved from FRED.