Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile)
CXUWELFARELB0106M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.00
Year-over-Year Change
140.24%
Date Range
1/1/1984 - 1/1/2022
Summary
This economic trend measures the income before taxes, including public assistance, Supplemental Security Income, and SNAP benefits, for the highest 20% of income earners in the United States.
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 Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) series provides insights into the social safety net programs utilized by high-income individuals, which is useful for understanding the distribution of government benefits across the income spectrum.
Methodology
This data is collected through household surveys by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to analyze the role of public assistance programs in the overall income distribution.
Key Facts
- The highest 20% of income earners receive public assistance, Supplemental Security Income, and SNAP benefits.
- This trend provides insights into the utilization of social safety net programs by high-income individuals.
- The data is collected through household surveys by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the income before taxes, including public assistance, Supplemental Security Income, and SNAP benefits, for the highest 20% of income earners in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the utilization of social safety net programs by high-income individuals, which is useful for understanding the distribution of government benefits across the income spectrum.
Q: How is this data collected or calculated?
A: This data is collected through household surveys by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the role of public assistance programs in the overall income distribution.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and any limitations of the U.S. Census Bureau's household surveys.
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Citation
U.S. Federal Reserve, Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUWELFARELB0106M), retrieved from FRED.