Milford (balance), CT's Data
About Milford (balance), CT's
Milford (balance) encompasses the central parts of the city of Milford, Connecticut, excluding its more rural and sparsely populated regions. Established in 1639, Milford is one of Connecticut's oldest settlements, featuring a rich history that includes indigenous cultures and colonial influences. The city is situated along the coast of Long Island Sound, making it a picturesque locale with a significant maritime heritage. Milford's strategic location has also made it a regional hub for commerce and transportation throughout its history.
City: Milford (balance)
State: Connecticut
Country: United States
Population: 52306
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 Milford (balance), CT
Hike: Here are a couple of local trails to check out!
Local Attractions in Milford (balance), CT
Silver Sands State Park - A popular beach destination offering scenic views, boardwalks, and opportunities for bird-watching.
Walnut Beach - Known for its fine sand and vibrant community events, including the annual sand sculpture competition.
Connecticut Post Mall - The largest shopping mall in Connecticut, featuring a wide array of stores, eateries, and a cinema.
Milford Green - The historical heart of the city, surrounded by local shops and restaurants, and the site of numerous community events.
Milford Historical Society - Offers a glimpse into the city's past through its preserved colonial structures and exhibits.
The Economy of Milford (balance), CT
Milford's economy is diverse, with a strong base in retail, manufacturing, and healthcare. The presence of major shopping malls like the Connecticut Post Mall, one of the largest in the state, underscores its role as a retail center. The city also hosts several manufacturing firms, particularly in the precision manufacturing sector, contributing to its economic landscape. Healthcare services are anchored by facilities like the Milford Hospital, providing employment and supporting local health needs.
Milford (balance), CT Inflation
Understanding the BLS and Inflation in Milford (balance), CT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milford (balance), CT. 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 Milford (balance), CT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Milford (balance), CT 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 Milford (balance), CT 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 Milford (balance), CT
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