SNAP Benefits Recipients in Island County, WA
CBR53029WAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,158.00
Year-over-Year Change
-14.50%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Island County, Washington. It is an important indicator of local food insecurity and economic hardship.
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 Island County, WA trend tracks the number of individuals receiving federal Supplemental Nutrition Assistance Program (SNAP) benefits in Island County, a county located in Washington state. This data provides insights into food security and economic conditions within the local area.
Methodology
The data is collected by the U.S. Census Bureau through the Supplemental Nutrition Assistance Program (SNAP) administrative records.
Historical Context
This trend is widely used by policymakers, local government, and economic analysts to understand trends in food assistance and economic well-being within Island County.
Key Facts
- SNAP provides food assistance to low-income individuals and families.
- Island County is located in the Puget Sound region of Washington state.
- The number of SNAP recipients can indicate levels of local economic distress.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Island County, Washington.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into levels of food insecurity and economic hardship within the local Island County area, which is valuable information for policymakers, economists, and the public.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through administrative records of the Supplemental Nutrition Assistance Program (SNAP).
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, local government, and economic analysts to understand trends in food assistance and overall economic well-being within Island County, Washington.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and updates due to the administrative nature of the source data.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Island County, WA (CBR53029WAA647NCEN), retrieved from FRED.