SNAP Benefits Recipients in Monmouth County, NJ
CBR34025NJA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,384.00
Year-over-Year Change
4.39%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Monmouth County, New Jersey. It provides important insights into the level of food insecurity and need for public assistance 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 Monmouth County, NJ trend tracks the total number of people in the county who are enrolled in the federal SNAP program, formerly known as food stamps. This data is used by policymakers, researchers, and social service providers to understand the economic well-being of the local population and target resources accordingly.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
SNAP enrollment data is a key indicator of economic hardship and is closely monitored by government agencies and non-profit organizations.
Key Facts
- SNAP provides food assistance to low-income individuals and families.
- Monmouth County is located in central New Jersey along the Atlantic coast.
- The SNAP program is administered by the U.S. Department of Agriculture.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people in Monmouth County, New Jersey who are receiving Supplemental Nutrition Assistance Program (SNAP) benefits, formerly known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides important insights into the level of food insecurity and economic hardship in the local area, which is useful for policymakers, researchers, and social service providers.
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 and non-profit organizations to understand the economic well-being of local populations and target resources accordingly.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in coverage or sampling, as with any survey-based economic indicator.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Monmouth County, NJ (CBR34025NJA647NCEN), retrieved from FRED.