SNAP Benefits Recipients in Madison County, NY
CBR36053NYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,585.00
Year-over-Year Change
-24.79%
Date Range
1/1/1989 - 1/1/2022
Summary
This data series tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Madison County, New York. It provides insights into food security and economic conditions 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 Madison County, NY data series measures the total number of individuals enrolled in the Supplemental Nutrition Assistance Program, which provides food-purchasing assistance for low-income households. This metric is a key indicator of economic hardship and food insecurity in the county.
Methodology
The data is collected through administrative records by the U.S. Census Bureau.
Historical Context
SNAP enrollment data is widely used by policymakers, researchers, and social service organizations to understand trends in poverty and target aid programs.
Key Facts
- Madison County, NY has a population of around 72,000 people.
- SNAP enrollment in the county peaked at over 10,000 recipients in 2010.
- The number of SNAP beneficiaries has declined in recent years as the economy has improved.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals enrolled in the Supplemental Nutrition Assistance Program (SNAP) in Madison County, New York.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment is a key indicator of food insecurity and economic hardship in a local area, making this data highly relevant for policymakers, researchers, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected through administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: SNAP enrollment data is widely used by government agencies, nonprofits, and researchers to understand poverty trends and target aid programs in local communities.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau, but may have a short delay before becoming available on the FRED database.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Madison County, NY (CBR36053NYA647NCEN), retrieved from FRED.