SNAP Benefits Recipients in Cayuga County, NY
CBR36011NYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,215.00
Year-over-Year Change
-7.08%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Cayuga County, New York. It provides important insights into food insecurity 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 Cayuga County, NY trend tracks the total number of individuals receiving federal SNAP assistance, also known as food stamps, within this specific county. This metric is widely used by policymakers, social service agencies, and economists to evaluate the economic well-being of local communities.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys and administrative records.
Historical Context
SNAP participation rates are a key indicator of economic hardship and can inform policy decisions related to social safety net programs.
Key Facts
- Cayuga County, NY has a population of around 77,000 people.
- The SNAP participation rate in Cayuga County is 13.2% as of the latest data.
- SNAP benefits provide low-income households with resources to purchase nutritious foods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps, in Cayuga County, New York.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates are a key indicator of economic hardship and food insecurity within a local community, making this trend highly relevant for policymakers, social service providers, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are used to inform decisions related to social safety net programs and to evaluate the effectiveness of anti-poverty initiatives at the local level.
Q: Are there update delays or limitations?
A: The SNAP data for Cayuga County, NY is published with a delay, and may not reflect the most recent economic conditions in the region.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Cayuga County, NY (CBR36011NYA647NCEN), retrieved from FRED.