SNAP Benefits Recipients in Lynchburg city, VA
CBR51680VAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,506.00
Year-over-Year Change
-4.21%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Lynchburg city, Virginia. It provides important insights into local food security and poverty levels.
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 Lynchburg city, VA trend measures the monthly count of individuals and households receiving federal SNAP food assistance benefits in the Lynchburg metropolitan area. This data is a key indicator of economic hardship and food insecurity within the local community.
Methodology
The data is collected by the U.S. Census Bureau through survey sampling and administrative records.
Historical Context
SNAP enrollment figures are closely monitored by policymakers, nonprofits, and economists to assess the impact of economic conditions and social programs on low-income populations.
Key Facts
- SNAP provides food benefits to over 41 million Americans.
- Lynchburg city has a poverty rate of 18.6%, higher than the national average.
- SNAP enrollment in Lynchburg peaked during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the monthly number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the Lynchburg, Virginia metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides crucial insights into local food security and economic hardship, which are important considerations for policymakers, social service providers, and economists.
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: SNAP enrollment figures are closely monitored by government agencies, nonprofits, and researchers to assess the impacts of economic conditions and social programs on low-income populations.
Q: Are there update delays or limitations?
A: The SNAP benefits data is published with a slight delay, typically a few months after the reference period.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lynchburg city, VA (CBR51680VAA647NCEN), retrieved from FRED.