SNAP Benefits Recipients in Kennebec County, ME
CBR23011MEA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,061.00
Year-over-Year Change
-30.03%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Kennebec County, ME' trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Kennebec County, Maine. This metric is important for policymakers and economists to understand food security and social welfare 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
This series tracks the total number of Kennebec County residents participating in the federal SNAP program, which provides nutritional assistance to low-income households. The data is used to assess the economic well-being and social support needs of the local population.
Methodology
The data is collected through administrative records from the Maine Department of Health and Human Services.
Historical Context
Trends in SNAP participation are closely monitored by government agencies and advocacy groups to inform policies related to poverty, food insecurity, and social services.
Key Facts
- Kennebec County has a population of over 122,000 residents.
- SNAP participation rates vary seasonally and by economic conditions.
- Maine has one of the highest SNAP utilization rates in the Northeast U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Kennebec County, Maine who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation is important for understanding food security and the economic well-being of low-income households in the region.
Q: How is this data collected or calculated?
A: The data is collected through administrative records from the Maine Department of Health and Human Services.
Q: How is this trend used in economic policy?
A: Trends in SNAP participation are closely monitored by government agencies and advocacy groups to inform policies related to poverty, food insecurity, and social services.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may not reflect the most current information.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Kennebec County, ME (CBR23011MEA647NCEN), retrieved from FRED.