SNAP Benefits Recipients in Massachusetts
BR25000MAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,072,570.00
Year-over-Year Change
33.94%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in the state of Massachusetts. It provides insight into food security and economic conditions within the state.
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 Massachusetts metric tracks the total number of individuals and households receiving federal SNAP benefits, formerly known as food stamps, within the state. This data point is used by policymakers, economists, and social service providers to understand trends in poverty, food insecurity, and the overall economic well-being of Massachusetts residents.
Methodology
The data is collected and reported by the U.S. Department of Agriculture (USDA) based on state-level administrative records.
Historical Context
SNAP enrollment figures are closely monitored as an indicator of economic hardship and to help inform decisions around social welfare programs and budgets.
Key Facts
- SNAP is the largest federal nutrition assistance program in the U.S.
- Over 40 million Americans participated in SNAP as of 2021.
- SNAP benefits help low-income households afford nutritious food.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits, formerly known as food stamps, within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insight into food security, poverty levels, and overall economic conditions within Massachusetts. It is used by policymakers, economists, and social service providers to monitor and address issues related to economic hardship and access to nutrition assistance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Agriculture (USDA) based on state-level administrative records of SNAP program participants.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are closely monitored as an indicator of economic hardship and to help inform decisions around social welfare programs, budgets, and policies aimed at reducing food insecurity and supporting low-income households.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients in Massachusetts data is published monthly with a lag of approximately two months, so the most recent figures may not reflect the latest economic conditions.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Massachusetts (BR25000MAA647NCEN), retrieved from FRED.