Hollywood, FL's Data
About Hollywood, FL's
Hollywood, Florida, is a vibrant city located in Broward County, between Fort Lauderdale and Miami. Founded in 1925 by Joseph W. Young, Hollywood was envisioned as a dream city in Florida. Young's vision was to create a motion picture colony on the east coast of Florida, and though this did not fully materialize, the city still developed into a major tourist destination. Hollywood is known for its beautiful beaches, historic boardwalk, and diverse culture.
Things To Do in Hollywood, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Hollywood, FL
Hollywood Beach Boardwalk - A scenic oceanfront promenade with restaurants, shops, and entertainment venues.
ArtsPark at Young Circle - A 10-acre circle at the city center featuring an amphitheater, cultural facilities, and playgrounds.
Seminole Hard Rock Hotel & Casino - A major entertainment complex with a casino, hotel, restaurants, and live performance venues.
Anne Kolb Nature Center - A protected reserve offering walking trails, an exhibit hall, and opportunities for kayaking and observing wildlife.
Hollywood North Beach Park - A popular spot for picnics, swimming, and enjoying panoramic views of the Atlantic Ocean.
The Economy of Hollywood, FL
The economy of Hollywood, Florida, is primarily driven by tourism, retail, and healthcare. The city's strategic location near Miami and Fort Lauderdale enhances its appeal as a tourist destination, contributing significantly to local businesses and the hospitality industry. Hollywood is home to the Memorial Healthcare System, which is one of the largest public healthcare systems in the nation and a major employer in the area. Additionally, the city's proximity to the Fort Lauderdale-Hollywood International Airport supports its economy through transportation and logistics services.
Hollywood, FL Inflation
Understanding the BLS and Inflation in Hollywood, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hollywood, 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 Hollywood, 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 Hollywood, 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 Hollywood, 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 Hollywood, FL
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