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04-06-2010, 05:46 PM #1
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Food Stamp Usage Hits Record 39 Million, 14th Consecutive Mo
Tuesday, April 06, 2010
Food Stamp Usage Hits Record 39 Million, 14th Consecutive Monthly Increase
Food stamp usage is up again except the program is now called SNAP Supplemental Nutrition Assistance Program. http://www.fns.usda.gov/pd/snapmain.htm
Inquiring minds are looking at a SNAP Participation Table that shows a record 39,430,724 receive SNAP benefits, a 22.4% increase from a year ago. http://www.fns.usda.gov/pd/29SNAPcurrPP.htm
Biggest State Increases
Arizona - 32.9%
Colorado - 32.9%
Florida - 38.6%
Idaho - 45.7%
Nevada - 46.9%
Rhode Island - 42.4%
South Dakota - 32.6%
Utah - 37.3%
Wisconsin - 38.9%
Wyoming - 40.0%
Those numbers are as of January 2010
Households
Household SNAP participants increased from 12,728,981 in Fiscal Year 2008 to 15,232,105 in fiscal year 2009, a 16.4% increase. For comparison purposes, watch the growth in household participation.
SNAP Household Participation
FY 2005 - 11,197,377
FY 2006 - 11,734,491
FY 2007 - 11,789,594
FY 2008 - 12,728,981
FY 2009 - 15,232,105
Cost of SNAP Program
FY 2005 - $31.07 Billion
FY 2006 - $32.91 Billion
FY 2007 - $33.19 Billion
FY 2008 - $37.66 Billion
FY 2009 - $53.63 Billion
Household and cost numbers are as of March 30, 2010.
Clearly the recession took its toll, and will continue to do so until there is a dramatic decrease in the unemployment rate.
Mike "Mish" Shedlock
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