Felton, DE's Data
About Felton, DE's
Felton is a small town located in Kent County, Delaware, United States. It was founded in 1856 and named after Samuel M. Felton, President of the Philadelphia, Wilmington and Baltimore Railroad, reflecting its origins tied to the railroad industry. The town is situated in the central part of the state, providing a quiet, rural lifestyle while being accessible to larger cities like Dover, which is approximately 15 miles to the north.
Things To Do in Felton, DE
Hike: Here are a couple of local trails to check out!
Local Attractions in Felton, DE
Killens Pond State Park - A nearby state park featuring a 66-acre millpond, hiking trails, water park, and camping facilities.
Barratt's Chapel - Historical chapel known as the 'Cradle of Methodism' in America.
Fifer Orchards - Local farm and country store offering seasonal fruits, vegetables, and family events.
Lake Forest North Elementary School - Noteworthy for its educational contributions and community involvement.
Felton Railroad Station - Historic site representing the town's origin and connection to the railroad industry.
The Economy of Felton, DE
The economy of Felton is primarily based on agriculture, small businesses, and local services. The surrounding agricultural lands contribute significantly to its economy through the production of corn, soybeans, and livestock. Additionally, local businesses and services cater to the needs of residents and the surrounding communities, helping to sustain the town's economic stability.
Felton, DE Inflation
Understanding the BLS and Inflation in Felton, DE
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Felton, DE. 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 Felton, DE understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Felton, DE 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 Felton, DE 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 Felton, DE
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