SNAP Benefits Recipients in Floyd County, TX
CBR48153TXA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,074.00
Year-over-Year Change
-19.07%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Floyd County, TX' trend measures the number of individuals in Floyd County, Texas who receive Supplemental Nutrition Assistance Program (SNAP) benefits. This data is important for understanding the social and economic conditions in 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 Floyd County, TX trend provides insights into the utilization of federal food assistance programs at the county level. This metric is used by policymakers, researchers, and community organizations to analyze the prevalence of food insecurity and the effectiveness of SNAP in supporting low-income households.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This trend is relevant for informing local and state-level policies and initiatives aimed at addressing poverty and food access challenges.
Key Facts
- SNAP benefits provide low-income households with funds to purchase eligible food items.
- Floyd County, TX has a population of approximately 5,800 as of the latest estimates.
- SNAP participation rates can indicate the level of economic hardship in a local community.
FAQs
Q: What does this economic trend measure?
A: The 'SNAP Benefits Recipients in Floyd County, TX' trend measures the number of individuals in Floyd County, Texas who receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the prevalence of food insecurity and the effectiveness of SNAP in supporting low-income households in Floyd County, which is useful for policymakers, researchers, and community organizations.
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: This trend is relevant for informing local and state-level policies and initiatives aimed at addressing poverty and food access challenges.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau, and may have some limitations in terms of geographic coverage or timeliness.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Floyd County, TX (CBR48153TXA647NCEN), retrieved from FRED.