SNAP Benefits Recipients in Mercer County, MO
CBR29129MOA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
248.00
Year-over-Year Change
-44.52%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Mercer County, Missouri. Understanding SNAP usage is crucial for policymakers 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 Mercer County, MO metric tracks the total number of individuals in the county receiving federal SNAP benefits, also known as food stamps. This data provides insight into the level of food insecurity and economic hardship experienced by residents of the county.
Methodology
The data is collected through the U.S. Census Bureau's Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
Trends in SNAP usage are closely monitored by government agencies, nonprofits, and economists to evaluate the effectiveness of food assistance programs and guide policy decisions.
Key Facts
- Mercer County, MO has a population of around 3,700 people.
- In 2021, the SNAP recipient count in Mercer County was 540.
- SNAP benefits help low-income households afford nutritious food.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Mercer County, Missouri who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP usage is important for understanding food insecurity and economic hardship within local communities, which helps guide policy decisions and the allocation of social welfare resources.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: Trends in SNAP usage are closely monitored by government agencies, nonprofits, and economists to evaluate the effectiveness of food assistance programs and inform policy decisions related to social welfare and community development.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data is published annually with a lag, so the most recent figures may not reflect the current situation.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Mercer County, MO (CBR29129MOA647NCEN), retrieved from FRED.