SNAP Benefits Recipients in Buncombe County, NC
CBR37021NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,097.00
Year-over-Year Change
-11.80%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Buncombe County, North Carolina. It is an important indicator of local food insecurity and household 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 Buncombe County, NC trend tracks the total number of individuals participating in the federal SNAP program within this North Carolina county. SNAP provides financial assistance to low-income families for purchasing groceries and is a key metric of social welfare and economic distress at the local level.
Methodology
The data is collected by the U.S. Census Bureau through household surveys and administrative records.
Historical Context
Policymakers and researchers use this local SNAP data to assess the need for food assistance programs and allocate resources within the county.
Key Facts
- SNAP provides food benefits to over 42 million Americans annually.
- Buncombe County has a population of around 260,000 residents.
- The county's SNAP recipient rate is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals participating in the Supplemental Nutrition Assistance Program (SNAP) in Buncombe County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment is a key indicator of local food insecurity and economic hardship, making this trend important 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: Policymakers and institutions use this local SNAP data to assess the need for food assistance programs and allocate resources within Buncombe County, North Carolina.
Q: Are there update delays or limitations?
A: The SNAP benefits data may have update lags of several months due to the time required for collection and processing.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Buncombe County, NC (CBR37021NCA647NCEN), retrieved from FRED.