SNAP Benefits Recipients in Broome County, NY
CBR36007NYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,571.00
Year-over-Year Change
-8.42%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Broome County, New York. It provides important insights into food security and poverty levels within this local community.
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 Broome County, NY trend tracks the total number of individuals receiving federal SNAP assistance, also known as food stamps, within this specific county in New York. This data is used by policymakers, nonprofits, and researchers to analyze trends in local food insecurity and poverty.
Methodology
The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Historical Context
Monitoring SNAP participation helps inform decisions around social welfare policies and programs targeted at low-income populations.
Key Facts
- Broome County has a population of over 190,000 people.
- Over 15% of Broome County residents received SNAP benefits in 2021.
- SNAP participation increased by 10% in Broome County during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving federal Supplemental Nutrition Assistance Program (SNAP) benefits, commonly known as food stamps, within Broome County, New York.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation in Broome County provides important insights into local food security and poverty levels, which can inform social welfare policies and programs targeted at low-income populations.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Q: How is this trend used in economic policy?
A: Monitoring SNAP participation helps policymakers, nonprofits, and researchers understand trends in local food insecurity and poverty, which can inform decisions around social welfare policies and programs.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients in Broome County, NY data is typically updated annually, with some potential delays in reporting.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Broome County, NY (CBR36007NYA647NCEN), retrieved from FRED.