SNAP Benefits Recipients in Lycoming County, PA
CBR42081PAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,562.00
Year-over-Year Change
9.84%
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 Lycoming County, Pennsylvania. It provides important insights into local-level food insecurity and the effectiveness of social safety net programs.
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 Lycoming County, PA trend tracks the number of individuals and households receiving federal SNAP assistance in this specific geographic area. SNAP is a vital anti-poverty program that helps low-income families afford groceries, and this data can inform policymakers and analysts about regional economic conditions and program utilization.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
Policymakers and researchers use this localized SNAP data to evaluate the reach and efficacy of food assistance programs in Lycoming County and similar communities.
Key Facts
- SNAP serves over 40 million Americans nationwide.
- Lycoming County has a population of around 115,000 residents.
- The county's SNAP recipient rate is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Lycoming County, Pennsylvania that receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This localized SNAP data provides important insights into food insecurity and the effectiveness of anti-poverty programs in the Lycoming County region, which can inform policymaking and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and researchers use this SNAP data to evaluate the reach and efficacy of food assistance programs in Lycoming County and similar communities.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lycoming County, PA (CBR42081PAA647NCEN), retrieved from FRED.