Bonifay, FL's Data
About Bonifay, FL's
Bonifay is the county seat of Holmes County, Florida, United States. Founded in 1882 and incorporated in 1921, the city was named after Frank Bonifay, a prominent family from Pensacola. Located in the Florida Panhandle, Bonifay is known for its rich heritage and its role as a regional agricultural center. The city's location along the major transportation routes has historically contributed to its local economy and community development.
Things To Do in Bonifay, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Bonifay, FL
Bonifay Rodeo - An annual event showcasing traditional rodeo activities, drawing visitors from across the region.
Keith Cabin - A historic site preserving a 19th-century pioneer log cabin, offering insights into early settler life.
Middlebrooks Park - A local park that provides recreational facilities including sports fields and playgrounds.
Ponce de Leon Springs State Park - A nearby natural spring offering swimming, hiking, and picnicking opportunities.
Holmes County Historical Society Museum - A museum detailing the history of Holmes County and Bonifay with exhibits and artifacts.
The Economy of Bonifay, FL
The economy of Bonifay is primarily driven by agriculture, including the cultivation of crops and livestock farming, which has been a staple of the area since its founding. In addition to agriculture, the local economy benefits from small business enterprises and services that cater to the needs of its residents and the surrounding rural areas. The city also sees economic activity from annual events such as the Bonifay Rodeo, attracting visitors and promoting local commerce.
Bonifay, FL Inflation
Understanding the BLS and Inflation in Bonifay, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Bonifay, FL. 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 Bonifay, FL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Bonifay, FL 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 Bonifay, FL 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 Bonifay, FL
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