SNAP Benefits Recipients in Illinois
BR17000ILA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,027,764.00
Year-over-Year Change
14.96%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in the state of Illinois. It provides insight into food security and demand for social assistance programs.
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 Illinois series measures the number of individuals and households in Illinois who receive federal SNAP benefits, which help low-income families afford nutritious food. This metric is closely watched by policymakers and economists to understand trends in poverty, food insecurity, and the efficacy of social safety net programs.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
Trends in SNAP recipients can inform policy decisions related to funding and eligibility for anti-poverty initiatives.
Key Facts
- SNAP is the largest federal nutrition assistance program in the U.S.
- Illinois accounts for about 5% of total SNAP recipients nationwide.
- SNAP benefits average around $127 per person per month in Illinois.
FAQs
Q: What does this economic trend measure?
A: The SNAP Benefits Recipients in Illinois series tracks the number of individuals and households in the state that receive federal Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: Trends in SNAP recipients provide insight into food security and poverty levels, which are crucial for informing social welfare policies and programs.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to understand demand for food assistance programs and evaluate the effectiveness of anti-poverty initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture real-time changes in SNAP enrollment.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Illinois (BR17000ILA647NCEN), retrieved from FRED.