Homestead, FL's Data
About Homestead, FL's
Homestead, located in Miami-Dade County, Florida, is a city rich in history and culture, established in 1913. It is situated between Biscayne National Park to the east and Everglades National Park to the west, making it a unique gateway to these major natural reserves. The city's development was significantly boosted by the arrival of the railroad extension to the area in the early 1900s. Homestead is known for its historic downtown area, which has been revitalized to preserve its distinct architectural and cultural heritage.
Things To Do in Homestead, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Homestead, FL
Everglades National Park - A U.S. National Park known for its vast ecosystem and wildlife, including alligators and panthers.
Biscayne National Park - Notable for its marine habitats, coral reefs, and an array of water activities like snorkeling and boating.
Coral Castle - An oolite limestone structure created by Edward Leedskalnin, featuring numerous megalithic stones, mostly limestone formed from coral.
Homestead Miami Speedway - Hosts NASCAR events, attracting motorsports enthusiasts from across the nation.
Fruit & Spice Park - A 37-acre botanical garden and park featuring over 500 varieties of fruits, vegetables, spices, and herbs.
The Economy of Homestead, FL
Homestead's economy historically relied heavily on agriculture, particularly the cultivation of tropical fruits and winter vegetables, thanks to its favorable climate and proximity to large markets. In recent years, the city has diversified its economic base with the growth of the construction, retail, and healthcare sectors. The presence of Homestead Air Reserve Base also contributes significantly to the local economy through military and civilian employment.
Homestead, FL Inflation
Understanding the BLS and Inflation in Homestead, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Homestead, 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 Homestead, 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 Homestead, 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 Homestead, 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 Homestead, FL
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