SNAP Benefits Recipients in Allegan County, MI
CBR26005MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,650.00
Year-over-Year Change
-37.38%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Allegan County, Michigan. It provides important insights into food insecurity and economic conditions 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 Allegan County, MI trend tracks the total number of individuals receiving federal SNAP benefits within this specific county. This data is a key indicator of food assistance needs and broader economic wellbeing for local policymakers and communities.
Methodology
The data is collected by the U.S. Census Bureau through annual surveys of local governments and social service agencies.
Historical Context
This trend is closely monitored by economists, social welfare organizations, and government agencies to assess the state of poverty and food access in Allegan County.
Key Facts
- Allegan County had over 15,000 SNAP recipients in 2021.
- SNAP participation in the county increased by 20% from 2019 to 2020.
- The county's SNAP recipient rate is higher than the national average.
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 Allegan County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into food insecurity and economic conditions in Allegan County, which is valuable information for policymakers, social service providers, and community stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through annual surveys of local governments and social service agencies.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, social welfare organizations, and government agencies to assess the state of poverty and food access in Allegan County, informing policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data is released annually, so there may be a 1-year delay in the most recent information. The trend is limited to Allegan County and does not provide state or national comparisons.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Allegan County, MI (CBR26005MIA647NCEN), retrieved from FRED.