SNAP Benefits Recipients in Cumberland County, NC
CBR37051NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81,238.00
Year-over-Year Change
28.16%
Date Range
1/1/1989 - 1/1/2022
Summary
The 'SNAP Benefits Recipients in Cumberland County, NC' trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Cumberland County, North Carolina. This metric is important for understanding food insecurity and the economic well-being of the local population.
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
This series tracks the total number of SNAP benefit recipients in Cumberland County, North Carolina. SNAP, formerly known as food stamps, is a federal program that provides financial assistance to low-income individuals and families to purchase groceries. The data is used by policymakers, researchers, and community organizations to assess the need for food assistance and related social services.
Methodology
The data is collected by the U.S. Department of Agriculture and reported at the county level.
Historical Context
SNAP participation data is a key indicator of economic hardship and is closely monitored by government agencies and non-profit organizations.
Key Facts
- SNAP benefits help feed over 40 million Americans annually.
- Cumberland County had over 63,000 SNAP recipients as of the latest data.
- SNAP participation rates tend to rise during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Cumberland County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation data is an important indicator of food insecurity and economic hardship in the local population, which is useful for policymakers, researchers, and community organizations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture and reported at the county level.
Q: How is this trend used in economic policy?
A: SNAP participation data is closely monitored by government agencies and non-profit organizations to assess the need for food assistance and related social services.
Q: Are there update delays or limitations?
A: The data is reported at the county level, so there may be some delays in availability compared to national-level SNAP statistics.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Cumberland County, NC (CBR37051NCA647NCEN), retrieved from FRED.