Craig, AK's Data
About Craig, AK's
Craig is a city located on Prince of Wales Island in the Alexander Archipelago of southern Alaska. Established as a saltery in the early 20th century, Craig quickly evolved into a bustling fishing community. The city was named after Craig Miller, who established a fish saltery on nearby Fish Egg Island in 1907 before relocating to what is now Craig. It was incorporated in 1922 and serves as one of the significant hubs on the island, surrounded by the lush Tongass National Forest.
Things To Do in Craig, AK
Hike: Here are a couple of local trails to check out!
Local Attractions in Craig, AK
Craig Public Library - A center of community activities and resources with historical and cultural significance.
Sunnahae Trail - Popular hiking trail offering scenic views and wildlife spotting opportunities.
Bucareli Bay - Known for its excellent fishing spots and beautiful, remote scenery.
El Capitan Cave - One of the largest caves in North America, offering guided tours to explore its depths.
Hollis Adventure Rentals - Provides equipment and guides for outdoor activities like kayaking and fishing.
The Economy of Craig, AK
The economy of Craig is predominantly based on commercial fishing, seafood processing, and timber. These traditional sectors have been the backbone of its economic structure for decades. In recent years, there has been a noticeable increase in tourism, which has started to contribute to the local economy, capitalizing on the area's natural beauty and wildlife. Services related to tourism, including lodges, restaurants, and guide services, are becoming more significant.
Craig, AK Inflation
Understanding the BLS and Inflation in Craig, AK
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Craig, AK. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Craig, AK understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Craig, AK using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Craig, AK when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Craig, AK
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