SNAP Benefits Recipients in Vance County, NC
CBR37181NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,312.00
Year-over-Year Change
-3.53%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Vance County, North Carolina. It is an important indicator of food insecurity and economic hardship within the county.
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 Vance County, NC trend tracks the total number of individuals receiving federal SNAP benefits, also known as food stamps, within this specific county. This metric provides insight into the level of need and reliance on public food assistance programs in the local economy.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
SNAP participation rates are closely monitored by policymakers and researchers to assess the impacts of economic conditions and social support programs.
Key Facts
- Vance County, NC has a population of around 45,000 residents.
- SNAP recipients account for over 20% of the county's population.
- SNAP benefits provide crucial food assistance to low-income households.
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 Vance County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients trend provides important insights into the level of food insecurity and economic hardship within the local Vance County economy, which is valuable information for policymakers, researchers, and community organizations.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: SNAP participation rates are closely monitored by policymakers and researchers to assess the impacts of economic conditions and social support programs on local communities.
Q: Are there update delays or limitations?
A: The data may have some reporting delays, as it is collected and published by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Vance County, NC (CBR37181NCA647NCEN), retrieved from FRED.