SNAP Benefits Recipients in Lipscomb County, TX
CBR48295TXA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205.00
Year-over-Year Change
-18.33%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Lipscomb County, Texas. This data is crucial for policymakers and social welfare analysts to understand the level of food insecurity and need for public assistance in this specific county.
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 Lipscomb County, TX trend tracks the total number of people enrolled in the federal SNAP program within this Texas county. SNAP, formerly known as food stamps, provides nutritional support to low-income households, making this data an important indicator of economic well-being and program utilization at the local level.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of its ongoing American Community Survey.
Historical Context
Policymakers and social service providers use this county-level SNAP data to allocate resources, assess program effectiveness, and understand patterns of food insecurity within Lipscomb County.
Key Facts
- Lipscomb County has a population of approximately 3,300 people.
- SNAP enrollment in the county peaked in 2020 due to the COVID-19 pandemic.
- The county's SNAP participation rate is above the national average.
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 Lipscomb County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This SNAP data is crucial for policymakers and social welfare analysts to understand the level of food insecurity and need for public assistance in Lipscomb County, Texas.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau as part of its ongoing American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and social service providers use this county-level SNAP data to allocate resources, assess program effectiveness, and understand patterns of food insecurity within Lipscomb County.
Q: Are there update delays or limitations?
A: The SNAP data for Lipscomb County is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lipscomb County, TX (CBR48295TXA647NCEN), retrieved from FRED.