SNAP Benefits Recipients in Caroline County, MD
CBR24011MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,262.00
Year-over-Year Change
11.28%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Caroline County, Maryland. Understanding SNAP participation is crucial for policymakers analyzing social welfare programs and economic conditions in local communities.
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 Caroline County, MD data series tracks the total number of individuals receiving Supplemental Nutrition Assistance Program benefits within this specific county. This metric provides insight into food security and economic hardship at the local level, which is valuable for policy development and program evaluation.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
This economic indicator is used by government agencies, nonprofits, and researchers to assess the need for food assistance programs and monitor trends in local economic well-being.
Key Facts
- Caroline County is a rural county in Maryland.
- SNAP provides food assistance to low-income individuals and families.
- The SNAP program is administered by the U.S. Department of Agriculture.
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 Caroline County, Maryland.
Q: Why is this trend relevant for users or analysts?
A: Understanding SNAP participation in local communities provides valuable insights into food security and economic hardship, which are important for policymakers and program administrators.
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: This economic indicator is used by government agencies, nonprofits, and researchers to assess the need for food assistance programs and monitor trends in local economic well-being.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Caroline County, MD (CBR24011MDA647NCEN), retrieved from FRED.