Margate, FL's Data
About Margate, FL's
Margate is a city located in Broward County, Florida, part of the Miami metropolitan area. Established in the 1950s, Margate was originally developed as a destination for retirees. Over the decades, it has grown into a vibrant community with a diverse population. The city's name is derived from its founder, Jack Marqusee, combined with the word 'gate,' signifying it as the 'gateway' to western Broward County.
Things To Do in Margate, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Margate, FL
Calypso Cove Aquatic Facility - A water park featuring pools, slides, and recreational activities for families.
Firefighters Park - A popular spot for sports, picnics, and outdoor activities, featuring a playground and sports fields.
Margate Sports Complex - Home to various sporting events and activities, including baseball fields and basketball courts.
Margate Executive Golf Course - An 18-hole golf course that offers a challenging layout for golf enthusiasts.
The Margate Community Center - Offers a range of programs and events for residents of all ages, focusing on community engagement and wellness.
The Economy of Margate, FL
Margate's economy has evolved from its early days of serving primarily retirees to a more diversified economic base. The city benefits from its proximity to Fort Lauderdale, facilitating business and commerce. Retail, healthcare, and educational services are significant contributors to the local economy. The presence of small and medium-sized businesses has also seen growth, supporting the city's economic landscape.
Margate, FL Inflation
Understanding the BLS and Inflation in Margate, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Margate, 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 Margate, 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 Margate, 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 Margate, 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 Margate, FL
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