SNAP Benefits Recipients in Sheridan County, WY
CBR56033WYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,195.00
Year-over-Year Change
-35.51%
Date Range
1/1/1989 - 1/1/2022
Summary
This data series tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Sheridan County, Wyoming. It provides insights into food assistance program utilization and local economic conditions.
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 Sheridan County, WY metric measures the total number of individuals receiving SNAP benefits, commonly known as food stamps, within the specified county. This data is useful for analyzing trends in social welfare program participation and understanding the economic landscape of the local area.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
SNAP data is widely used by policymakers, economists, and market analysts to assess the financial well-being of households and communities.
Key Facts
- Sheridan County has a population of around 30,000 people.
- SNAP participation rates can indicate local economic conditions and household financial distress.
- The data is updated annually by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits, commonly known as food stamps, in Sheridan County, Wyoming.
Q: Why is this trend relevant for users or analysts?
A: SNAP data provides insights into the utilization of social welfare programs and can be used to assess the financial well-being of households and communities.
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 data is widely used by policymakers, economists, and market analysts to understand the economic landscape and support policy decisions related to social welfare programs.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Sheridan County, WY (CBR56033WYA647NCEN), retrieved from FRED.