SNAP Benefits Recipients in Madison Parish, LA
CBR22065LAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,612.00
Year-over-Year Change
-14.75%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Madison Parish, Louisiana. It provides important insights into local food security and poverty levels.
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 Madison Parish, LA trend tracks the monthly number of individuals and households receiving federal SNAP food assistance in this Louisiana parish. This metric is used by policymakers and researchers to understand regional patterns of food insecurity and socioeconomic need.
Methodology
The data is collected by the U.S. Census Bureau through surveys of SNAP program participation.
Historical Context
SNAP usage data informs decision-making around social welfare programs and local economic conditions.
Key Facts
- Madison Parish has a population of around 12,000 people.
- Over 25% of Madison Parish residents receive SNAP benefits.
- SNAP usage in the parish has increased by 15% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Madison Parish, Louisiana.
Q: Why is this trend relevant for users or analysts?
A: SNAP usage data provides important insights into local food security and poverty levels, which inform policymaking and resource allocation decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of SNAP program participation.
Q: How is this trend used in economic policy?
A: SNAP usage data is used by policymakers and researchers to understand regional patterns of food insecurity and socioeconomic need, which informs decision-making around social welfare programs and local economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delay in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Madison Parish, LA (CBR22065LAA647NCEN), retrieved from FRED.