SNAP Benefits Recipients in Monroe County, PA
CBR42089PAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,010.00
Year-over-Year Change
5.38%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Monroe County, Pennsylvania. It is an important indicator of food insecurity and economic well-being 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 Monroe County, PA trend tracks the total number of individuals receiving federal SNAP benefits, commonly known as food stamps, within the specified county. This data provides insight into the level of food assistance needed by low-income households in the area.
Methodology
The data is collected through administrative records from the U.S. Department of Agriculture.
Historical Context
SNAP participation rates are closely monitored by policymakers and economists to assess the economic conditions and social welfare needs of local communities.
Key Facts
- Monroe County, PA had 25,000 SNAP recipients in 2021.
- SNAP participation rate in Monroe County was 15% in 2021.
- SNAP benefits provide low-income families with an average of $126 per month for food purchases.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits, commonly known as food stamps, in Monroe County, Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates are an important indicator of food insecurity and economic well-being within a local community, providing insight into the social welfare needs of low-income households.
Q: How is this data collected or calculated?
A: The data is collected through administrative records from the U.S. Department of Agriculture.
Q: How is this trend used in economic policy?
A: SNAP participation rates are closely monitored by policymakers and economists to assess the economic conditions and social welfare needs of local communities, informing policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data may be subject to reporting lags, and the figures only represent Monroe County, Pennsylvania.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Monroe County, PA (CBR42089PAA647NCEN), retrieved from FRED.