SNAP Benefits Recipients in Webster County, WV
CBR54101WVA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,785.00
Year-over-Year Change
-3.47%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Webster County, West Virginia. It provides insights into food insecurity and economic 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 Webster County, WV trend tracks the number of individuals and households receiving federal SNAP benefits, also known as food stamps, within this specific county. This data is a key indicator of poverty, food access, and the overall economic well-being of the local population.
Methodology
The data is collected through the U.S. Census Bureau's annual Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
SNAP participation rates are closely monitored by policymakers and economists to assess the effectiveness of social safety net programs and identify areas of need.
Key Facts
- Webster County, WV has a population of around 8,600 people.
- SNAP enrollment in the county peaked at over 2,400 recipients in 2013.
- The SNAP recipient rate in Webster County is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Webster County, West Virginia that receive Supplemental Nutrition Assistance Program (SNAP) benefits, also known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation rates are a key indicator of food insecurity and economic well-being within a local community, making this data highly relevant for policymakers, social service providers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected annually by the U.S. Census Bureau through the Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are closely monitored by government agencies and economists to assess the effectiveness of federal food assistance programs and identify areas of need for additional support or intervention.
Q: Are there update delays or limitations?
A: The SNAP benefits data is published annually with a lag, so the most recent figures may not reflect the current economic conditions in Webster County.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Webster County, WV (CBR54101WVA647NCEN), retrieved from FRED.