SNAP Benefits Recipients in Union County, NM
CBR35059NMA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
224.00
Year-over-Year Change
-48.74%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Union County, New Mexico. Understanding SNAP utilization is important for policymakers and economists to assess social welfare and food security in local communities.
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 Union County, NM metric tracks the total number of individuals receiving federal SNAP benefits within this specific county. SNAP is a vital social safety net program that provides food assistance to low-income households, and this data helps analyze trends in local-level food insecurity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of county-level SNAP program enrollment.
Historical Context
Monitoring SNAP participation informs policy decisions around social welfare, food security, and economic conditions in Union County, New Mexico.
Key Facts
- Union County, NM had 1,425 SNAP recipients in 2021.
- SNAP participation rate in Union County is 13.4% of the population.
- SNAP benefits help over 40 million Americans afford groceries each month.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Union County, New Mexico.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation is important for assessing local food security and the effectiveness of social welfare programs in supporting low-income households in Union County.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of county-level SNAP program enrollment.
Q: How is this trend used in economic policy?
A: Monitoring SNAP utilization informs policy decisions around social welfare, food access, and economic conditions in Union County, New Mexico.
Q: Are there update delays or limitations?
A: There may be delays in reporting SNAP enrollment data due to the time required for Census Bureau data collection and processing.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Union County, NM (CBR35059NMA647NCEN), retrieved from FRED.