SNAP Benefits Recipients in Saginaw County, MI
CBR26145MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,003.00
Year-over-Year Change
-20.00%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Saginaw County, Michigan. It provides important insights into local food insecurity and economic conditions.
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 Saginaw County, MI metric represents the total number of individuals in the county receiving federal SNAP food assistance benefits. This data point is a key indicator of poverty, food hardship, and economic well-being in the local area.
Methodology
The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Historical Context
Policymakers and community organizations use this trend to understand needs, allocate resources, and evaluate the impact of anti-poverty initiatives.
Key Facts
- Saginaw County has a population of over 190,000 residents.
- Nearly 20% of the county's population receives SNAP benefits.
- SNAP enrollment in Saginaw has increased by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of individuals in Saginaw County, Michigan who receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients metric provides important insights into local food insecurity and economic conditions, which is useful for policymakers, community organizations, and analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Q: How is this trend used in economic policy?
A: Policymakers and community organizations use this trend to understand needs, allocate resources, and evaluate the impact of anti-poverty initiatives in Saginaw County.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some reporting delays or limitations in capturing the most recent changes in SNAP enrollment.
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Citation
U.S. Census Bureau, SNAP Benefits Recipients in Saginaw County, MI (CBR26145MIA647NCEN), retrieved from FRED.