SNAP Benefits Recipients in Frederick County, MD
CBR24021MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,013.00
Year-over-Year Change
16.79%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Frederick County, Maryland. Understanding SNAP participation is crucial for assessing food security and the economic well-being of local communities.
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 Frederick County, MD series tracks the monthly count of individuals receiving federal nutrition assistance benefits in this specific geographic area. This data provides insights into the level of need and program utilization within the county, which is valuable for policymakers, social service providers, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through administrative records from state and local social service agencies.
Historical Context
SNAP participation data is widely used to inform decisions around food assistance program funding, eligibility requirements, and the development of targeted anti-poverty initiatives.
Key Facts
- SNAP is the largest federal food assistance program in the United States.
- Frederick County is a suburban county located in the state of Maryland.
- SNAP participation data can indicate the economic well-being of a local community.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Frederick County, Maryland.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation data provides valuable insights into the level of food insecurity and economic need within a local community, which is crucial information for policymakers, social service providers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through administrative records from state and local social service agencies.
Q: How is this trend used in economic policy?
A: SNAP participation data is widely used to inform decisions around food assistance program funding, eligibility requirements, and the development of targeted anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological practices of the U.S. Census Bureau and local social service agencies.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Frederick County, MD (CBR24021MDA647NCEN), retrieved from FRED.