SNAP Benefits Recipients in Cheboygan County, MI
CBR26031MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,250.00
Year-over-Year Change
-39.13%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Cheboygan County, Michigan. It provides insight into food security 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 Cheboygan County, MI trend tracks the number of individuals receiving federal SNAP benefits, which provide financial assistance for purchasing nutritious food. This data is used by policymakers and researchers to analyze food insecurity and socioeconomic factors in the local area.
Methodology
The data is collected by the U.S. Census Bureau through surveys of households in Cheboygan County.
Historical Context
This trend is relevant for understanding the economic well-being of Cheboygan County residents and informing social welfare policies.
Key Facts
- Cheboygan County is located in northern Michigan.
- SNAP provides food assistance to low-income households.
- The trend data is collected through Census Bureau surveys.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Cheboygan County, Michigan who receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into food security and economic conditions in Cheboygan County, which is useful for policymakers and researchers studying social welfare programs and regional economic factors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of households in Cheboygan County, Michigan.
Q: How is this trend used in economic policy?
A: This trend can inform social welfare policies and programs aimed at addressing food insecurity and supporting low-income households in Cheboygan County.
Q: Are there update delays or limitations?
A: The data may have a delay in reporting due to the time required for Census Bureau data collection and processing.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Cheboygan County, MI (CBR26031MIA647NCEN), retrieved from FRED.