SNAP Benefits Recipients in Ohio
BROH39M647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,404,114.00
Year-over-Year Change
-6.53%
Date Range
1/1/1981 - 6/1/2023
Summary
The SNAP Benefits Recipients in Ohio trend tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of Ohio. This metric is a key indicator of food insecurity and household 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 Ohio series measures the monthly number of individuals enrolled in the federal Supplemental Nutrition Assistance Program (SNAP) within the state of Ohio. SNAP is the largest federal food assistance program in the United States, providing crucial benefits to low-income households to help purchase groceries.
Methodology
The data is collected by the U.S. Census Bureau through survey sampling of Ohio households.
Historical Context
This trend is closely monitored by policymakers, researchers, and anti-poverty organizations to assess the economic and food security conditions of Ohio residents.
Key Facts
- Ohio SNAP recipients peaked at over 1.8 million in 2013.
- SNAP enrollment in Ohio declined by 17% from 2015 to 2019.
- Ohio's SNAP participation rate is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients in Ohio trend is a key indicator of food insecurity and household economic well-being in the state, providing crucial insights for policymakers, researchers, and anti-poverty organizations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through survey sampling of Ohio households.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the economic and food security conditions of Ohio residents and inform decisions around social assistance programs.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients in Ohio data is released monthly, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Ohio (BROH39M647NCEN), retrieved from FRED.