SNAP Benefits Recipients in North Carolina
BR37000NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,585,110.00
Year-over-Year Change
3.81%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in North Carolina' series tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of North Carolina. This metric is a key indicator of food insecurity and economic well-being.
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 North Carolina data represents the total count of individuals in the state receiving federal SNAP benefits, which provide critical nutritional assistance to low-income households. This trend is closely monitored by policymakers, social service providers, and economists to assess the state's economic conditions and need for food aid.
Methodology
The data is collected by the U.S. Department of Agriculture (USDA) from state-level administrative records on SNAP program participation.
Historical Context
SNAP enrollment figures are used to inform policy decisions around funding, eligibility, and administration of food assistance programs.
Key Facts
- SNAP provides food benefits to over 40 million Americans nationwide.
- North Carolina had over 1 million SNAP recipients as of the latest data.
- SNAP participation tends to rise during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The 'SNAP Benefits Recipients in North Carolina' metric tracks the total number of individuals in the state receiving federal Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment is a key indicator of food insecurity and economic hardship, making this data crucial for policymakers, social service providers, and economists assessing North Carolina's economic conditions and need for food assistance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture (USDA) from state-level administrative records on SNAP program participation.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are used to inform policy decisions around funding, eligibility, and administration of food assistance programs in North Carolina and nationwide.
Q: Are there update delays or limitations?
A: The SNAP benefits data is typically released on a monthly or quarterly basis, with some potential delays in reporting from state agencies to the federal government.
Related Trends
SNAP Benefits Recipients in Bell County, KY
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SNAP Benefits Recipients in Big Horn County, WY
CBR56003WYA647NCEN
SNAP Benefits Recipients in Dukes County, MA
CBR25007MAA647NCEN
SNAP Benefits Recipients in Jones County, SD
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SNAP Benefits Recipients in Custer County, CO
CBR08027COA647NCEN
SNAP Benefits Recipients in Dutchess County, NY
CBR36027NYA647NCEN
Citation
U.S. Federal Reserve, SNAP Benefits Recipients in North Carolina (BR37000NCA647NCEN), retrieved from FRED.