SNAP Benefits Recipients in Granite County, MT
CBR30039MTA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.00
Year-over-Year Change
-22.54%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Granite County, Montana. It is an important economic indicator for understanding food insecurity and the impact of social welfare programs.
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 Granite County, MT series tracks the number of individuals receiving federal SNAP benefits in this rural Montana county. SNAP is a crucial food assistance program that supports low-income households, and this data helps policymakers and researchers analyze program utilization and food access issues.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
This trend is used by government agencies, nonprofits, and economists to assess the economic well-being of Granite County residents and inform decisions about social service programs.
Key Facts
- Granite County has a population of around 3,000 people.
- In 2021, over 15% of Granite County residents received SNAP benefits.
- SNAP participation rates in Granite County are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Granite County, Montana who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding food insecurity and the impact of social welfare programs in Granite County, which can inform policy decisions and resource allocation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: Government agencies, nonprofits, and economists use this trend to assess the economic well-being of Granite County residents and inform decisions about social service programs.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau, and there may be limitations in coverage or sampling that should be considered when interpreting the trend.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Granite County, MT (CBR30039MTA647NCEN), retrieved from FRED.