SNAP Benefits Recipients in Missoula County, MT
CBR30063MTA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,554.00
Year-over-Year Change
-40.87%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Missoula County, Montana. It provides important insights into household food insecurity and low-income 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 Missoula County, MT series measures the total number of individuals receiving SNAP (formerly known as food stamps) benefits in Missoula County. SNAP is a vital federal program that supplements the food budgets of low-income households, and tracking its usage can indicate broader economic and social trends.
Methodology
The data is collected and reported by the U.S. Census Bureau through the Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
Policymakers and economists analyze SNAP participation data to understand regional economic conditions and the effectiveness of anti-poverty initiatives.
Key Facts
- SNAP is the largest federal nutrition assistance program in the United States.
- Missoula County has a population of over 125,000 as of 2021.
- SNAP benefits averaged $218 per household in fiscal year 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Missoula County, Montana.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP benefit usage provides insights into household food insecurity and the economic well-being of low-income populations in the Missoula County region.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through the Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze SNAP participation data to understand regional economic conditions and the effectiveness of anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The SAIPE data used for this trend is typically published with a 1-2 year lag.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Missoula County, MT (CBR30063MTA647NCEN), retrieved from FRED.