SNAP Benefits Recipients in St. Louis city, MO
CBR29510MOA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62,509.00
Year-over-Year Change
-43.88%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in St. Louis city, Missouri. It provides insight into food security and poverty levels in the local area.
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 St. Louis city, MO trend tracks the number of individuals receiving federal SNAP benefits, which provide financial assistance for purchasing groceries. This metric is used by policymakers and researchers to assess the state of food insecurity and economic well-being in the local population.
Methodology
The data is collected by the U.S. Census Bureau through surveys of households in the St. Louis city area.
Historical Context
SNAP participation rates are a key indicator for social welfare programs and can inform decisions around funding and policy initiatives.
Key Facts
- SNAP provides food benefits to over 40 million Americans annually.
- St. Louis city has a SNAP participation rate above the national average.
- SNAP recipients represent about 1 in 5 residents in St. Louis city.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in St. Louis city, Missouri who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide insight into food insecurity and economic well-being in the local population, which is valuable information for policymakers and researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of households in the St. Louis city area.
Q: How is this trend used in economic policy?
A: SNAP participation rates are a key indicator for social welfare programs and can inform decisions around funding and policy initiatives.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in St. Louis city, MO (CBR29510MOA647NCEN), retrieved from FRED.