SNAP Benefits Recipients in Martin County, IN
CBR18101INA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
831.00
Year-over-Year Change
-25.14%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Martin County, Indiana. It provides insight into food insecurity levels and social assistance needs within the local community.
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 Martin County, IN data series tracks the total number of individuals receiving federal SNAP food assistance in this specific county. This metric is used by policymakers and researchers to understand patterns in social service utilization and socioeconomic conditions at the local level.
Methodology
The data is collected through administrative records from state and federal social service agencies.
Historical Context
SNAP participation levels are closely monitored as an indicator of economic hardship and program effectiveness.
Key Facts
- Martin County has a population of around 10,000 people.
- SNAP enrollment in the county peaked during the Great Recession.
- Participation has declined since 2013 as the economy has improved.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Martin County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide insight into levels of food insecurity and economic hardship within the local community, which is valuable information for policymakers and social service providers.
Q: How is this data collected or calculated?
A: The data is collected through administrative records from state and federal social service agencies that manage the SNAP program.
Q: How is this trend used in economic policy?
A: SNAP enrollment levels are closely monitored as an indicator of economic conditions and the effectiveness of social assistance programs, informing policy decisions at the local and national level.
Q: Are there update delays or limitations?
A: There may be delays in reporting SNAP participation data due to the administrative nature of the source information.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Martin County, IN (CBR18101INA647NCEN), retrieved from FRED.