SNAP Benefits Recipients in Baltimore city, MD
CBR24510MDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134,790.00
Year-over-Year Change
-30.20%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Baltimore city, Maryland. It provides insights into food security 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 Baltimore city, MD trend tracks the number of individuals and households receiving federal SNAP food assistance benefits in the city of Baltimore, Maryland. This metric is used by policymakers and analysts to gauge the level of food insecurity and poverty in the local population.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of program participants.
Historical Context
Trends in SNAP participation are monitored by government agencies and researchers to inform social welfare and economic development policies.
Key Facts
- SNAP provides monthly benefits to low-income individuals and families to purchase groceries.
- Baltimore city has higher SNAP enrollment than the national average.
- SNAP participation can indicate economic hardship and food insecurity in a local community.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in the city of Baltimore, Maryland.
Q: Why is this trend relevant for users or analysts?
A: Trends in SNAP participation provide insights into the level of food insecurity and economic hardship faced by the local population, which is important information for policymakers and community stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of SNAP program participants.
Q: How is this trend used in economic policy?
A: Policymakers and researchers monitor SNAP enrollment to inform social welfare and economic development policies aimed at addressing poverty and food insecurity in local communities.
Q: Are there update delays or limitations?
A: The SNAP benefits data may have update delays due to the time required for data collection and reporting by the Census Bureau.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Baltimore city, MD (CBR24510MDA647NCEN), retrieved from FRED.