SNAP Benefits Recipients in Silver Bow County, MT
CBR30093MTA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,844.00
Year-over-Year Change
-25.08%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Silver Bow County, Montana. It provides important insights into food security and economic well-being within 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 Silver Bow County, MT series tracks the total number of individuals receiving federal SNAP assistance, commonly known as food stamps, within this specific Montana county. This metric is used by policymakers and analysts to understand patterns of food insecurity and gauge the economic conditions impacting low-income households in the region.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
Trends in SNAP participation can inform decisions around social welfare programs and local economic development initiatives.
Key Facts
- Silver Bow County has a population of over 34,000 residents.
- SNAP participation rates in the county have declined since 2015.
- Poverty rates in Silver Bow County are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits, commonly known as food stamps, in Silver Bow County, Montana.
Q: Why is this trend relevant for users or analysts?
A: Trends in SNAP participation provide important insights into food security and economic well-being within the local Silver Bow County community, which can inform policy decisions and development initiatives.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this SNAP participation data to understand patterns of food insecurity and gauge the economic conditions impacting low-income households in the Silver Bow County region.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates, as the information is collected through census surveys and administrative sources.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Silver Bow County, MT (CBR30093MTA647NCEN), retrieved from FRED.