Panama City, FL's Data
About Panama City, FL's
Panama City, located in Bay County, Florida, is a prominent city known for its strategic position along the Gulf of Mexico. Established in 1909, the city has a rich history influenced by its maritime location and military presence, particularly marked by the U.S. Navy's involvement. Panama City is often associated with its beautiful coastal landscapes and as a gateway to the Gulf Coast's renowned white-sand beaches.
City: Panama City
State: Florida
Country: United States
Population: Approximately 32,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Panama City, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Panama City, FL
St. Andrews State Park - A former military reservation turned public park, known for its beaches, hiking trails, and camping facilities.
Panama City Beach - A popular tourist destination with white sandy beaches and crystal-clear waters, ideal for swimming and sunbathing.
Gulf World Marine Park - An interactive marine park offering dolphin shows, animal exhibits, and opportunities for up-close encounters with marine life.
Shipwreck Island Waterpark - A family-friendly waterpark featuring water slides, wave pools, and themed attractions.
Historic St. Andrews - A charming waterfront district with shops, restaurants, and a marina, reflecting the area's rich maritime history.
The Economy of Panama City, FL
The economy of Panama City is diverse, with a significant emphasis on military, tourism, and healthcare sectors. The presence of Tyndall Air Force Base and the Naval Support Activity Panama City contributes substantially to local economic stability through defense-related employment and spending. Tourism plays a critical role, driven by attractions such as beaches and water sports, which attract visitors year-round. Additionally, the healthcare sector, including the presence of major hospitals, is a vital part of the city's economy.
Panama City, FL Inflation
Understanding the BLS and Inflation in Panama City, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Panama City, 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 Panama City, 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 Panama City, 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 Panama City, 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 Panama city, FL
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