SNAP Benefits Recipients in Madison County, NE
CBR31119NEA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,737.00
Year-over-Year Change
-22.31%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Madison County, Nebraska. SNAP provides food assistance to low-income individuals and families, making this data relevant for understanding local economic conditions and social welfare needs.
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 Madison County, NE trend tracks the total number of individuals receiving SNAP benefits, also known as food stamps, in this specific county. This metric is a key indicator of food insecurity and socioeconomic status within the local area.
Methodology
The data is collected and reported by the U.S. Department of Agriculture (USDA) based on administrative records of SNAP enrollment.
Historical Context
This data can inform policymakers, social service providers, and economic analysts about trends in food assistance needs and broader economic conditions in Madison County, Nebraska.
Key Facts
- SNAP provides nutrition assistance to millions of eligible, low-income individuals and families.
- Madison County, NE has a population of around 35,000 people.
- SNAP enrollment data is reported monthly by the USDA.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Madison County, Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding food insecurity, social welfare needs, and broader economic conditions within the local Madison County area.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Agriculture (USDA) based on administrative records of SNAP enrollment.
Q: How is this trend used in economic policy?
A: This data can inform policymakers, social service providers, and economic analysts about trends in food assistance needs and broader economic conditions in Madison County, Nebraska.
Q: Are there update delays or limitations?
A: The SNAP enrollment data is reported monthly by the USDA, so there may be a short delay in availability.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Madison County, NE (CBR31119NEA647NCEN), retrieved from FRED.