SNAP Benefits Recipients in Wisconsin
BR55000WIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
703,895.00
Year-over-Year Change
-10.19%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Wisconsin' trend measures the number of individuals in Wisconsin receiving Supplemental Nutrition Assistance Program (SNAP) benefits, a key indicator of food insecurity and economic hardship.
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
This data series tracks the total number of SNAP participants in the state of Wisconsin, providing insights into the level of reliance on federal food assistance programs among state residents. Analyzing this trend is important for policymakers and social service providers to understand evolving needs and allocate resources accordingly.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state-level SNAP enrollment.
Historical Context
SNAP participation data is widely used to assess the economic well-being of low-income populations and inform policy decisions related to social safety net programs.
Key Facts
- SNAP is the largest federal nutrition assistance program in the U.S.
- Over 42 million Americans participated in SNAP in 2021.
- SNAP benefits average around $251 per month per household.
FAQs
Q: What does this economic trend measure?
A: The 'SNAP Benefits Recipients in Wisconsin' trend measures the number of individuals in the state of Wisconsin who are enrolled in and receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the level of food insecurity and economic hardship experienced by Wisconsin residents, which is crucial information for policymakers, social service providers, and analysts focused on the well-being of low-income populations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state-level SNAP enrollment.
Q: How is this trend used in economic policy?
A: SNAP participation data is widely used to assess the economic well-being of low-income populations and inform policy decisions related to social safety net programs.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients in Wisconsin data is updated regularly by the U.S. Census Bureau, but there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Wisconsin (BR55000WIA647NCEN), retrieved from FRED.