SNAP Benefits Recipients in Baltimore County, MD
CBR24005MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,340.00
Year-over-Year Change
16.06%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Baltimore County, Maryland. It is an important indicator of food insecurity and economic well-being 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 Baltimore County, MD trend tracks the total number of individuals receiving federal SNAP benefits within this specific geographic area. SNAP, formerly known as food stamps, is a critical social safety net program that provides financial assistance for purchasing nutritious foods.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This metric is used by policymakers, social service providers, and economic analysts to understand trends in local food security and poverty.
Key Facts
- SNAP benefits provide low-income households with funds to purchase eligible food items.
- Baltimore County has a population of over 831,000 as of the latest Census data.
- The SNAP program served over 42 million Americans nationwide in 2021.
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 Baltimore County, Maryland.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients trend is an important indicator of food insecurity and economic well-being in the Baltimore County region, which is useful 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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, social service providers, and economic analysts to understand trends in local food security and poverty, which can inform policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting and availability due to the survey-based collection process.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Baltimore County, MD (CBR24005MDA647NCEN), retrieved from FRED.