Daily
This dataset tracks daily over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
2/1/1960 - 9/30/2022
Summary
The 'Daily' trend measures the number of participants in the Supplemental Nutrition Assistance Program (SNAP) on a given day. This data is crucial for policymakers to monitor food assistance program usage and allocate resources effectively.
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 'Daily' series tracks the daily participation in the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps. This real-time data provides insight into household food security and is used to inform policy decisions and budgeting for social welfare programs.
Methodology
The data is collected directly from state-level SNAP administration agencies.
Historical Context
Policymakers and program managers utilize this daily SNAP participation data to assess the effectiveness of food assistance initiatives and adapt resources as needed.
Key Facts
- SNAP provides monthly food benefits to over 40 million low-income Americans.
- Daily SNAP participation data is updated within 24 hours of the previous day.
- SNAP is one of the largest social safety net programs in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Daily' trend measures the number of individuals participating in the Supplemental Nutrition Assistance Program (SNAP) on a given day.
Q: Why is this trend relevant for users or analysts?
A: This real-time data on SNAP participation is crucial for policymakers and program managers to monitor food assistance needs and allocate resources effectively.
Q: How is this data collected or calculated?
A: The data is collected directly from state-level SNAP administration agencies.
Q: How is this trend used in economic policy?
A: Policymakers and program managers utilize this daily SNAP participation data to assess the effectiveness of food assistance initiatives and adapt resources as needed.
Q: Are there update delays or limitations?
A: The daily SNAP participation data is updated within 24 hours of the previous day, providing timely information for analysis.
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Citation
U.S. Federal Reserve, Daily (PRTRECD), retrieved from FRED.