SNAP Benefits Recipients in Monterey County, CA
CBR06053CAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,586.00
Year-over-Year Change
26.53%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Monterey County, California. It provides important insights into food insecurity and poverty levels in the region.
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 Monterey County, CA series tracks the total number of individuals receiving federal SNAP (food stamp) assistance within this California county. SNAP is a key social safety net program, and this data is used by policymakers and researchers to understand patterns of need and access to food resources.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
SNAP participation rates are closely monitored by government agencies and nonprofits to inform policy decisions and target aid programs.
Key Facts
- SNAP is the largest federal nutrition assistance program in the U.S.
- Over 40 million Americans received SNAP benefits in 2022.
- Monterey County has a higher SNAP participation rate than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Monterey County, California who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates are a key indicator of food insecurity and poverty levels within a region, which is important information for policymakers, social service providers, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: SNAP participation data is closely monitored by government agencies and nonprofits to inform policy decisions and target aid programs related to food security and poverty alleviation.
Q: Are there update delays or limitations?
A: The SNAP Benefits data for Monterey County is updated periodically by the Census Bureau, but may have some lag time before being published.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Monterey County, CA (CBR06053CAA647NCEN), retrieved from FRED.