SNAP Benefits Recipients in Wyoming
BR56000WYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,957.00
Year-over-Year Change
-17.73%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) recipients in the state of Wyoming. Understanding SNAP participation is important for policymakers and economists to assess food security and the effectiveness of social safety net 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 Wyoming series measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state. SNAP is a federal program that provides food purchasing assistance to low-income households, making this data useful for analyzing trends in food insecurity and the reach of social welfare initiatives.
Methodology
The data is collected through state-level administrative records on SNAP enrollment and participation.
Historical Context
Trends in SNAP enrollment can inform policy discussions around food security, poverty alleviation, and the overall economic well-being of Wyoming residents.
Key Facts
- SNAP is the largest federal nutrition assistance program in the United States.
- In 2021, over 41 million Americans participated in SNAP nationwide.
- SNAP benefits help lift millions of people out of poverty each year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of Wyoming.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation is important for understanding food security and the effectiveness of social safety net programs in Wyoming.
Q: How is this data collected or calculated?
A: The data is collected through state-level administrative records on SNAP enrollment and participation.
Q: How is this trend used in economic policy?
A: Trends in SNAP enrollment can inform policy discussions around food security, poverty alleviation, and the overall economic well-being of Wyoming residents.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions of state-level SNAP administrative records.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Wyoming (BR56000WYA647NCEN), retrieved from FRED.