SNAP Benefits Recipients in Madison County, NC
CBR37115NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,354.00
Year-over-Year Change
-16.61%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Madison County, North Carolina. It provides valuable insights into food security and economic well-being in the 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 Madison County, NC trend tracks the number of individuals and households receiving federal SNAP assistance, also known as food stamps, in this specific county. This data is used by policymakers, social service providers, and researchers to understand patterns of need and target resources effectively.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Monitoring SNAP usage helps inform decisions around social safety net programs and policies.
Key Facts
- SNAP provides monthly benefits to low-income households to purchase groceries.
- Madison County, NC has a population of approximately 21,000 people.
- SNAP participation rates can fluctuate with changes in economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Madison County, North Carolina who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP usage in a specific county is important for understanding patterns of food insecurity and economic need, which can inform policy decisions and the allocation of social services.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Monitoring SNAP participation rates helps policymakers, social service providers, and researchers assess the effectiveness of food assistance programs and make informed decisions about resource allocation and program reforms.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the accuracy of the trend can be influenced by changes in survey methodology or program eligibility requirements.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Madison County, NC (CBR37115NCA647NCEN), retrieved from FRED.