SNAP households cut food and beverage spending significantly
The final elimination of extra SNAP benefits nationwide in March reduced food and beverage aid by $23 billion annually.
The Supplemental Nutrition Assistance Program (SNAP), historically known as food stamps, has undergone recent changes, including the end of COVID relief benefits across the U.S. in March.
The final elimination of extra SNAP benefits nationwide in March reduced food and beverage aid by $23 billion annually. As a result, in the initial months after the benefit cutbacks, SNAP households reduced their monthly food and beverage spending, on average, by about 35% of cut benefits, according to Circana, formerly IRI and The NPD Group. For example, if SNAP benefits were cut by $200, the reduced food and beverage spending would be about $70 less per month.