SNAP Benefits Recipients in Genesee County, MI
CBR26049MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83,208.00
Year-over-Year Change
-27.04%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Genesee County, Michigan. It provides insights into food insecurity and poverty levels 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 Genesee County, MI trend tracks the number of individuals and households receiving federal SNAP assistance in this Michigan county. SNAP is a vital social safety net program that helps low-income families afford nutritious food.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
This metric is closely watched by policymakers, social service providers, and economists to understand trends in local economic conditions and need for food assistance.
Key Facts
- Genesee County has a population of over 400,000 residents.
- In 2021, over 78,000 Genesee County residents received SNAP benefits.
- SNAP participation rates in Genesee County are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Genesee County, Michigan that receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients metric provides insights into food insecurity and poverty levels in the Genesee County area, which is valuable information for policymakers, social service providers, and economists.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is closely tracked by policymakers and analysts to understand trends in local economic conditions and the need for food assistance programs.
Q: Are there update delays or limitations?
A: The SNAP Benefits data for Genesee County is published by the Census Bureau on a regular basis, but may have some update delays compared to real-time conditions.
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Citation
U.S. Census Bureau, SNAP Benefits Recipients in Genesee County, MI (CBR26049MIA647NCEN), retrieved from FRED.