SNAP Benefits Recipients in Burlington County, NJ
CBR34005NJA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,790.00
Year-over-Year Change
-13.24%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Burlington County, New Jersey. Understanding SNAP enrollment can provide insights into economic well-being and food security in the region.
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 Burlington County, NJ indicator tracks the total number of individuals receiving federal SNAP food assistance benefits in this specific geographic area. SNAP is a vital social safety net program that helps low-income households afford nutritious food.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
SNAP enrollment figures are closely monitored by policymakers, economists, and food security organizations to assess the economic conditions and need for social support in local communities.
Key Facts
- SNAP is the largest federal nutrition assistance program in the U.S.
- Over 40 million Americans received SNAP benefits in 2021.
- SNAP participation rates tend to rise during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Burlington County, New Jersey who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insights into the economic well-being and food security of low-income households in the local community, which is valuable information for policymakers, social service providers, and economic analysts.
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: SNAP enrollment figures are closely monitored by government agencies, economists, and food security organizations to assess economic conditions and the need for social support programs in local communities.
Q: Are there update delays or limitations?
A: The SNAP data is published with some delay, typically a few months after the end of the reference period. There may also be limitations in coverage or accuracy for smaller geographic areas.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Burlington County, NJ (CBR34005NJA647NCEN), retrieved from FRED.