Monterey Park, CA's Data
About Monterey Park, CA's
Monterey Park is a city located in the San Gabriel Valley region of Los Angeles County, California. Established in 1916, it has become known for its diverse population and strong influence of Asian cultures, particularly Chinese. This cultural richness has earned it the nickname 'Little Taipei'. The city's location provides residents with a suburban feel while still being close to the urban amenities of downtown Los Angeles.
City: Monterey Park
State: California
Country: United States
Population: approximately 60,000
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 Monterey Park, CA
Hike: Here are a couple of local trails to check out!
Local Attractions in Monterey Park, CA
Garvey Ranch Observatory - An observatory offering public telescope viewing and astronomy workshops.
Monterey Park Historical Museum - A museum showcasing the city's history and heritage.
Barnes Park - A central recreational spot with facilities for sports, picnics, and community events.
Atlantic Times Square - A shopping and entertainment complex with Asian-themed retailers and eateries.
Sequoia Park - A serene park featuring playgrounds and ample green space for relaxation.
The Economy of Monterey Park, CA
The economy of Monterey Park is largely driven by small businesses, with a significant number of these enterprises being Asian-owned. The city is renowned for its numerous restaurants, shops, and markets that specialize in Asian goods and cuisines, particularly Chinese. This sector not only serves the local community but also attracts visitors from across the Los Angeles area. Additionally, healthcare and educational services contribute to the local economy.
Monterey Park, CA Inflation
Understanding the BLS and Inflation in Monterey Park, CA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monterey Park, CA. 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 Monterey Park, CA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Monterey Park, CA 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 Monterey Park, CA 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 Monterey park, CA
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