SNAP Benefits Recipients in Missaukee County, MI
CBR26113MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,935.00
Year-over-Year Change
-31.48%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Missaukee County, Michigan. It is an important indicator of food security and economic well-being in the local community.
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 Missaukee County, MI trend tracks the number of individuals and households receiving federal SNAP benefits, also known as food stamps, in this specific Michigan county. This data provides insights into the prevalence of food insecurity and poverty in the region.
Methodology
The data is collected and reported by the U.S. Census Bureau through their American Community Survey.
Historical Context
SNAP participation rates are closely monitored by policymakers and economists to assess the effectiveness of anti-poverty and food assistance programs.
Key Facts
- Missaukee County has a population of around 15,000 people.
- SNAP benefits provide low-income households with funds to purchase nutritious food.
- The SNAP program is administered by the U.S. Department of Agriculture.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Missaukee County, Michigan that receive Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: The SNAP benefits participation rate is an important indicator of food security and economic well-being in the local community, providing insights that are useful for policymakers, economists, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through their American Community Survey.
Q: How is this trend used in economic policy?
A: SNAP participation rates are closely monitored by policymakers and economists to assess the effectiveness of anti-poverty and food assistance programs.
Q: Are there update delays or limitations?
A: The data may have a delay of several months between the reference period and public release, and it only represents the Missaukee County area.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Missaukee County, MI (CBR26113MIA647NCEN), retrieved from FRED.