SNAP Benefits Recipients in Yancey County, NC
CBR37199NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,023.00
Year-over-Year Change
-20.05%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Yancey County, NC' trend measures the number of individuals in Yancey County, North Carolina receiving Supplemental Nutrition Assistance Program (SNAP) benefits. This metric is important for policymakers and economists to understand food security and poverty levels in the local area.
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
This series tracks the monthly number of SNAP participants in Yancey County, North Carolina. SNAP is a federal program that provides nutritional assistance to low-income individuals and families. Analyzing SNAP enrollment data can offer insights into economic conditions and social welfare needs within the county.
Methodology
The data is collected and reported by the U.S. Department of Agriculture's Food and Nutrition Service.
Historical Context
SNAP enrollment statistics are used by government agencies, researchers, and local organizations to inform policy decisions and allocate resources related to food insecurity and poverty alleviation.
Key Facts
- Yancey County has a population of around 17,800 people.
- SNAP benefits provide low-income families with funds to purchase groceries.
- The county's SNAP enrollment has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Yancey County, North Carolina who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP enrollment provides insights into food security and poverty levels within the local area, which is useful 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. Department of Agriculture's Food and Nutrition Service.
Q: How is this trend used in economic policy?
A: SNAP enrollment statistics are used by government agencies, researchers, and local organizations to inform policy decisions and allocate resources related to food insecurity and poverty alleviation.
Q: Are there update delays or limitations?
A: The SNAP benefits data is published monthly, but there may be a delay of several weeks before the latest figures are available.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Yancey County, NC (CBR37199NCA647NCEN), retrieved from FRED.