SNAP Benefits Recipients in New York
BRNY36M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,892,567.00
Year-over-Year Change
0.88%
Date Range
1/1/1981 - 6/1/2023
Summary
The 'SNAP Benefits Recipients in New York' trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of New York. This data is crucial for understanding food security and poverty levels 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 New York' metric tracks the number of New York residents enrolled in the federal SNAP program, formerly known as food stamps. This data provides insights into the socioeconomic conditions and food access challenges faced by low-income populations in the state.
Methodology
The data is collected and reported by the U.S. Department of Agriculture, which administers the SNAP program nationwide.
Historical Context
Policymakers and social service organizations use this trend to inform decisions about SNAP funding, outreach, and program improvements in New York.
Key Facts
- New York has the second-largest SNAP program in the United States.
- SNAP benefits help over 2.7 million low-income New Yorkers afford groceries.
- The average SNAP recipient in New York receives around $150 per month in assistance.
FAQs
Q: What does this economic trend measure?
A: The 'SNAP Benefits Recipients in New York' trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of New York.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into food security and poverty levels in New York, helping policymakers and social service organizations make informed decisions about SNAP funding and program improvements.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Department of Agriculture, which administers the SNAP program nationwide.
Q: How is this trend used in economic policy?
A: Policymakers and social service organizations use this trend to inform decisions about SNAP funding, outreach, and program improvements in New York.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Department of Agriculture, with minimal update delays.
Related Trends
SNAP Benefits Recipients in Union County, SC
CBR45087SCA647NCEN
SNAP Benefits Recipients in Scott County, IN
CBR18143INA647NCEN
SNAP Benefits Recipients in St. Bernard Parish, LA
CBR22087LAA647NCEN
SNAP Benefits Recipients in Rains County, TX
CBR48379TXA647NCEN
SNAP Benefits Recipients in Kent County, MI
CBR26081MIA647NCEN
SNAP Benefits Recipients in Montgomery County, NC
CBR37123NCA647NCEN
Citation
U.S. Federal Reserve, SNAP Benefits Recipients in New York (BRNY36M647NCEN), retrieved from FRED.