SNAP Benefits Recipients in Muskegon County, MI
CBR26121MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,046.00
Year-over-Year Change
-28.33%
Date Range
1/1/1989 - 1/1/2022
Summary
The SNAP Benefits Recipients in Muskegon County, MI trend tracks the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Muskegon County, Michigan. This metric is a key indicator of food insecurity and economic hardship 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 Muskegon County, MI trend provides insights into the level of need for food assistance within the county. SNAP, formerly known as food stamps, is a federal program that provides nutritional support to low-income individuals and families, making this data relevant for policymakers, social service providers, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through its American Community Survey program.
Historical Context
Trends in SNAP benefit usage can inform policy decisions and resource allocation related to food security and poverty alleviation at the local level.
Key Facts
- SNAP benefits help feed over 40 million Americans annually.
- Muskegon County has a population of approximately 173,000 as of 2021.
- The SNAP participation rate in Muskegon County is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The SNAP Benefits Recipients in Muskegon County, MI trend measures the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Muskegon County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the level of food insecurity and economic hardship in the Muskegon County area, which can inform policy decisions and resource allocation related to poverty alleviation and social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its American Community Survey program.
Q: How is this trend used in economic policy?
A: Trends in SNAP benefit usage can inform policy decisions and resource allocation related to food security and poverty alleviation at the local level.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data is published with a lag, and may not reflect the most recent economic conditions in Muskegon County.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Muskegon County, MI (CBR26121MIA647NCEN), retrieved from FRED.