SNAP Benefits Recipients in Panola County, TX
CBR48365TXA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,025.00
Year-over-Year Change
-20.02%
Date Range
1/1/1989 - 1/1/2022
Summary
This data series tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Panola County, Texas. It provides insights into 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
The SNAP Benefits Recipients in Panola County, TX data series measures the total number of individuals enrolled in the federal SNAP program within this specific county. SNAP, formerly known as food stamps, is a vital social safety net program that helps low-income households afford nutritious food.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
SNAP enrollment data is used by policymakers, nonprofits, and economists to evaluate the economic well-being of local communities.
Key Facts
- Panola County had 7,234 SNAP recipients in 2021.
- SNAP participation rate in Panola County is 18.7%.
- The number of SNAP recipients in Panola County has increased by 5% over the past 3 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals enrolled in the Supplemental Nutrition Assistance Program (SNAP) in Panola County, Texas.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insights into the food security and poverty levels within a local community, which is valuable information for policymakers, nonprofits, and economists.
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: SNAP enrollment data is used by policymakers, nonprofits, and economists to evaluate the economic well-being of local communities and inform policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and can be limited to the scope of Panola County, Texas.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Panola County, TX (CBR48365TXA647NCEN), retrieved from FRED.