SNAP Benefits Recipients in Bernalillo County, NM
CBR35001NMA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141,109.00
Year-over-Year Change
20.15%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Bernalillo County, New Mexico. It provides important insights into food security and poverty levels 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 Bernalillo County, NM trend tracks the total number of individuals receiving federal SNAP benefits, commonly known as food stamps, within this specific county. This data point is a key indicator of economic well-being and food access for local communities.
Methodology
The data is collected and reported by the U.S. Census Bureau through household surveys.
Historical Context
SNAP participation rates are closely monitored by policymakers and analysts to assess the effectiveness of anti-poverty programs and identify areas of need.
Key Facts
- Bernalillo County is the most populous county in New Mexico.
- SNAP enrollment peaked during the Great Recession and has remained elevated.
- New Mexico has one of the highest SNAP participation rates in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits, commonly known as food stamps, in Bernalillo County, New Mexico.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide important insights into food security and poverty levels within a local community, which is valuable information for policymakers, researchers, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: SNAP enrollment trends are closely monitored by policymakers and analysts to assess the effectiveness of anti-poverty programs and identify areas of need for social assistance.
Q: Are there update delays or limitations?
A: The data is published with some delay, as it is collected through household surveys by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Bernalillo County, NM (CBR35001NMA647NCEN), retrieved from FRED.