Litchfield Park, AZ's Data
About Litchfield Park, AZ's
Litchfield Park is a small, affluent city located in Maricopa County, Arizona, approximately 16 miles west of downtown Phoenix. Established in the early 20th century by Paul Litchfield, an executive of the Goodyear Tire and Rubber Company, the city was originally developed as a resort community for Goodyear executives. Litchfield Park is known for its well-planned, tree-lined residential areas and its rich history closely tied to the development of the Southwest cotton industry.
City: Litchfield Park
State: Arizona
Country: United States
Population: 6,009
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Litchfield Park, AZ
Hike: Here are a couple of local trails to check out!
Local Attractions in Litchfield Park, AZ
Wigwam Resort - A historic hotel known for its distinct architecture and luxury amenities.
Wildlife World Zoo, Aquarium & Safari Park - Features Arizona's largest collection of exotic and endangered animals.
Litchfield Park Historical Society and Museum - Offers insights into the local history and development of the city.
Tierra Verde Lake Park - A popular spot for fishing, picnicking, and walking trails.
The Church at Litchfield Park - A beautiful, historic church dating back to the early development of the city.
The Economy of Litchfield Park, AZ
The economy of Litchfield Park is primarily based on retail, education, and health care. The city benefits from its proximity to Phoenix, drawing on the larger metropolitan area's economic activities. Local economic drivers include small businesses, several upscale resorts, and a regional medical center. The presence of Luke Air Force Base nearby also contributes indirectly to the city's economy through the military personnel and their families residing in the area.
Litchfield Park, AZ Inflation
Understanding the BLS and Inflation in Litchfield Park, AZ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Litchfield Park, AZ. 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 Litchfield Park, AZ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Litchfield Park, AZ 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 Litchfield Park, AZ 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 Litchfield park, AZ
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