Prescott, AZ's Data
About Prescott, AZ's
Prescott is a historic city in central Arizona, known for its Victorian architecture and rich history as the former territorial capital of Arizona. Nestled at an elevation of 5,368 feet, it offers a cooler climate relative to the lower desert cities like Phoenix. Prescott played a significant role during the mining and frontier eras of the American West and retains a charming old-world atmosphere, with its historic Whiskey Row and numerous restored buildings.
Things To Do in Prescott, AZ
Hike: Here are a couple of local trails to check out!
Local Attractions in Prescott, AZ
Whiskey Row - A historic block known for its bars, galleries, and shops in beautifully preserved buildings from the early 20th century.
Sharlot Hall Museum - A museum complex dedicated to the regional history of central Arizona, featuring restored historical buildings and exhibits.
Prescott National Forest - Offers extensive outdoor recreation opportunities in over 1.25 million acres of forest, with trails, camping, and wildlife viewing.
Watson Lake - Known for its distinctive granite boulders, this scenic lake offers boating, fishing, hiking, and picturesque picnic spots.
Heritage Park Zoological Sanctuary - A sanctuary focusing on the rescue and rehabilitation of native and exotic wildlife, with educational programs and tours.
The Economy of Prescott, AZ
The economy of Prescott is diversified, with key sectors including healthcare, education, and retail. The city is a regional hub for healthcare services, supported by the Yavapai Regional Medical Center and several smaller facilities. Education also plays a significant role in the local economy, with institutions like Prescott College and a campus of Embry-Riddle Aeronautical University. Tourism is another important economic driver, with visitors drawn to its historical sites, outdoor activities, and events like the World's Oldest Rodeo.
Prescott, AZ Inflation
Understanding the BLS and Inflation in Prescott, AZ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Prescott, 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 Prescott, 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 Prescott, 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 Prescott, 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 Prescott, AZ
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