SNAP Benefits Recipients in Davison County, SD
CBR46035SDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,573.00
Year-over-Year Change
-27.98%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Davison County, South Dakota. It provides insights into food insecurity and socioeconomic conditions 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 Davison County, SD trend tracks the total count of individuals and households participating in the federal SNAP program within this specific county. This data is used by policymakers, researchers, and community organizations to understand patterns of food assistance needs and poverty levels.
Methodology
The data is collected through administrative records from state and local social service agencies.
Historical Context
SNAP participation rates are an important indicator for monitoring the economic well-being of low-income populations and guiding the allocation of public food assistance resources.
Key Facts
- SNAP is the largest federal food assistance program in the U.S.
- Davison County is located in central South Dakota with a population of around 20,000.
- SNAP participation rates can fluctuate with changes in employment, income, and cost of living.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Davison County, South Dakota.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates provide insights into food insecurity and socioeconomic conditions in the region, which is valuable information for policymakers, researchers, and community organizations.
Q: How is this data collected or calculated?
A: The data is collected through administrative records from state and local social service agencies.
Q: How is this trend used in economic policy?
A: SNAP participation rates are an important indicator for monitoring the economic well-being of low-income populations and guiding the allocation of public food assistance resources.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the reporting agencies.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Davison County, SD (CBR46035SDA647NCEN), retrieved from FRED.