SNAP Benefits Recipients in Hampshire County, MA
CBR25015MAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,104.00
Year-over-Year Change
43.23%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Hampshire County, Massachusetts. It provides insights into food security 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 Hampshire County, MA trend tracks the total number of individuals receiving SNAP benefits, formerly known as food stamps, in this specific county within the state of Massachusetts. This data is used by policymakers and researchers to analyze trends in food assistance and socioeconomic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
SNAP participation rates are an important indicator for monitoring the effectiveness of federal food assistance programs and their impact on local communities.
Key Facts
- SNAP provides monthly benefits to low-income individuals and families to purchase eligible food items.
- Hampshire County is located in western Massachusetts and has a population of over 160,000 as of the latest census.
- SNAP participation rates can fluctuate based on changes in economic conditions, eligibility requirements, and program enrollment.
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 Hampshire County, Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates are an important indicator of food security and economic well-being within a local community, providing insights that can inform policy decisions and program evaluations.
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: SNAP participation rates are used by policymakers and researchers to analyze the effectiveness of federal food assistance programs and their impact on local communities.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and can vary based on changes in program eligibility, enrollment, and economic conditions.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Hampshire County, MA (CBR25015MAA647NCEN), retrieved from FRED.