SNAP Benefits Recipients in Keweenaw County, MI
CBR26083MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.00
Year-over-Year Change
-48.45%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Keweenaw County, Michigan. It provides insight into food security and economic well-being in this local community.
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 Keweenaw County, MI metric measures the total number of individuals receiving federal SNAP food assistance within this specific county. This data is used by policymakers and researchers to analyze trends in local food insecurity and socioeconomic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of county-level SNAP program enrollment.
Historical Context
SNAP participation data informs federal and state policy decisions around social safety net programs and can signal broader economic trends within the county.
Key Facts
- Keweenaw County has a population of around 2,100 residents.
- SNAP enrollment in the county peaked in 2010 during the Great Recession.
- Over 15% of Keweenaw County residents received SNAP benefits in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Keweenaw County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation data provides insight into food security and economic well-being at the local level, informing policy decisions around social safety net programs.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of county-level SNAP program enrollment.
Q: How is this trend used in economic policy?
A: SNAP enrollment data can signal broader economic conditions within Keweenaw County and is used by policymakers to analyze trends in local food insecurity.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in SNAP participation within the county.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Keweenaw County, MI (CBR26083MIA647NCEN), retrieved from FRED.