SNAP Benefits Recipients in Garrett County, MD
CBR24023MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,195.00
Year-over-Year Change
-3.30%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Garrett County, Maryland. It provides insights into food insecurity and local economic conditions.
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 Garrett County, MD metric measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in this rural Maryland county. It serves as an indicator of food insecurity and socioeconomic well-being within the local community.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
Policymakers and analysts use this trend to understand local economic conditions and guide decisions on social assistance programs.
Key Facts
- Garrett County is a rural county in western Maryland.
- SNAP provides food assistance to low-income individuals and families.
- The number of SNAP recipients reflects economic hardship in the local area.
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 Garrett County, Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into food insecurity and economic conditions within the local Garrett County community, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand local economic conditions and guide decisions on social assistance programs like SNAP.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a delay of up to one year in the most recent figures.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Garrett County, MD (CBR24023MDA647NCEN), retrieved from FRED.