Quantifying the Impact of SNAP Benefits on the U.S. Economy and Jobs
Patrick Canning and
Rosanna Mentzer Morrison
Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2019, vol. July 2019, issue 06
Abstract:
Participants in USDA’s Supplemental Nutrition Assistance Program (SNAP) generally spend their benefits soon after receiving them, spending that has cascading effects through the economy. A recent ERS analysis finds that during a slowing economy, $1 billion in new SNAP benefits would increase GDP by $1.54 billion and support 13,560 jobs, including 480 agricultural jobs.
Keywords: Consumer/Household Economics; Financial Economics; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; Labor and Human Capital (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersaw:302728
DOI: 10.22004/ag.econ.302728
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