Parker, AZ's Data
About Parker, AZ's
Parker is a town located in the western portion of Arizona, serving as the county seat of La Paz County. Founded in 1908 and incorporated in 1948, Parker is strategically positioned along the Colorado River, which plays a significant role in its history and development. The town was named after Ely Parker, the first Native American commissioner for the U.S. government. Parker's unique geographical setting and cultural heritage make it a notable location in the region.
Things To Do in Parker, AZ
Hike: Here are a couple of local trails to check out!
Local Attractions in Parker, AZ
Colorado River - Popular for a variety of water sports, including boating and fishing.
BlueWater Resort & Casino - A major entertainment venue offering gaming, dining, and live events.
Buckskin Mountain State Park - Known for its scenic mountain views and recreational activities.
La Paz County Park - A favorite local spot for camping and access to river activities.
Parker Dam - Recognized as the deepest dam in the world, it is a significant engineering feat and tourist attraction.
The Economy of Parker, AZ
The economy of Parker is heavily influenced by its proximity to the Colorado River, making tourism and related services significant economic drivers. The river provides ample opportunities for boating, fishing, and water sports, attracting visitors year-round. Additionally, the agricultural sector, particularly in the surrounding areas, contributes to the local economy with the cultivation of crops such as alfalfa and cotton. Retail and government services also play vital roles in supporting the town's economic structure.
Parker, AZ Inflation
Understanding the BLS and Inflation in Parker, AZ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Parker, 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 Parker, 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 Parker, 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 Parker, 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 Parker, AZ
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