SNAP Benefits Recipients in Russell County, VA
CBR51167VAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,511.00
Year-over-Year Change
-9.22%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Russell County, Virginia. It provides insights into food insecurity and poverty levels in the local community.
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 Russell County, VA data series tracks the number of individuals enrolled in the federal SNAP program within this specific geographic area. SNAP is a vital social safety net that helps low-income households afford groceries and other food necessities.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This metric is used by policymakers, economists, and social service providers to monitor trends in food assistance program utilization and identify areas of need.
Key Facts
- SNAP serves over 42 million Americans annually.
- Russell County has a poverty rate of 18.5%.
- SNAP benefits average $126 per person per month.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Russell County, Virginia who are enrolled in the Supplemental Nutrition Assistance Program (SNAP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into food insecurity and poverty levels in the local community, which is useful for policymakers, economists, and social service providers.
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: This trend is used to monitor utilization of food assistance programs and identify areas of need, informing policy decisions around social safety net programs.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological limitations of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Russell County, VA (CBR51167VAA647NCEN), retrieved from FRED.