SNAP Benefits Recipients in Boyd County, NE
CBR31015NEA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.00
Year-over-Year Change
-36.11%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Boyd County, Nebraska. It provides insight into food insecurity and socioeconomic conditions 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 Boyd County, NE trend tracks the number of individuals enrolled in the federal SNAP program within this specific county. SNAP is a critical social safety net program that helps low-income households afford groceries and improve food security.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
This metric is used by policymakers, economists, and social service providers to understand trends in poverty and the need for food assistance programs.
Key Facts
- SNAP provides monthly benefits to help low-income families afford food.
- Boyd County has a population of around 2,000 people.
- SNAP enrollment can fluctuate with changes in the local economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Boyd County, Nebraska who are enrolled in the Supplemental Nutrition Assistance Program (SNAP).
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insight into food insecurity and socioeconomic conditions in the local area, which is useful for policymakers, economists, and social service providers.
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: This metric is used to understand trends in poverty and the need for food assistance programs, informing decisions around social safety net policies and funding.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the metric only reflects SNAP enrollment in Boyd County, Nebraska.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Boyd County, NE (CBR31015NEA647NCEN), retrieved from FRED.