SNAP Benefits Recipients in Charlotte County, FL
CBR12015FLA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,536.00
Year-over-Year Change
-24.15%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Charlotte County, Florida. It provides insight into the level of food insecurity and economic well-being in the local area.
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 Charlotte County, FL metric tracks the number of individuals enrolled in the federal SNAP program within this specific county. SNAP is a critical social safety net that helps low-income households afford groceries, making this data point an important indicator of economic conditions and need.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
Policymakers and analysts use this SNAP data to understand trends in local economic hardship and target social services.
Key Facts
- Charlotte County is located on the southwest coast of Florida.
- SNAP provides monthly benefits to help low-income families afford nutritious food.
- Food insecurity affects 1 in 8 Americans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Charlotte County, Florida who are enrolled in the federal Supplemental Nutrition Assistance Program (SNAP).
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insight into the level of food insecurity and economic hardship within a local area, which is valuable information for policymakers, social service providers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: Governments and analysts use SNAP enrollment data to understand trends in local economic conditions and target social services and assistance programs accordingly.
Q: Are there update delays or limitations?
A: The data may have a several-month delay in reporting due to the time required for data collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Charlotte County, FL (CBR12015FLA647NCEN), retrieved from FRED.