SNAP Benefits Recipients in Minnesota
BRMN27M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
458,363.00
Year-over-Year Change
4.29%
Date Range
1/1/1981 - 6/1/2023
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in the state of Minnesota. It provides valuable insights into food security and economic conditions in 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 Minnesota metric tracks the total number of individuals enrolled in the federal SNAP program within the state. SNAP is a critical food assistance program that helps low-income households afford groceries and support their nutritional needs.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is used by policymakers, economists, and social service providers to understand food insecurity and the economic wellbeing of Minnesota residents.
Key Facts
- SNAP provides food benefits to over 40 million Americans.
- Minnesota had over 400,000 SNAP recipients as of the latest data.
- SNAP recipients receive an average of $126 per month in benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals enrolled in the Supplemental Nutrition Assistance Program (SNAP) within the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients in Minnesota trend provides valuable insights into food security and economic conditions in the state, which is important for policymakers, economists, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and social service providers to understand food insecurity and the economic wellbeing of Minnesota residents.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and may not capture all SNAP recipients in the state.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Minnesota (BRMN27M647NCEN), retrieved from FRED.