Panama City Beach, FL's Data
About Panama City Beach, FL's
Panama City Beach, located in Bay County, Florida, is renowned for its stunning white sand beaches on the Gulf of Mexico. Established as a city in 1977, it has evolved from a quiet region into a popular tourist destination. Historically, the area served as a landing spot for pirates and was later developed during the tourism boom of the 20th century. Its proximity to major cities like Tallahassee and Pensacola makes it an accessible vacation spot.
City: Panama City Beach
State: Florida
Country: United States
Population: Approximately 12,000 as of the latest estimates.
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 Beach, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Panama City Beach, FL
Shipwreck Island Waterpark - A water theme park offering thrilling rides, a lazy river, and wave pools.
Pier Park - A large outdoor shopping mall with entertainment venues, restaurants, and retail stores.
St. Andrews State Park - A former military reservation with beaches, trails, and camping areas.
Gulf World Marine Park - Features dolphin shows, sea lion shows, and opportunities for up-close marine animal interactions.
Russell-Fields Pier - A popular spot for fishing and scenic views of the Gulf of Mexico.
The Economy of Panama City Beach, FL
The economy of Panama City Beach is heavily reliant on tourism, which thrives due to the city's beautiful beaches, events, and warm climate. Hospitality, retail, and real estate also play significant roles, supporting the influx of visitors and seasonal residents. The city hosts several large events throughout the year, which provide a substantial economic boost.
Panama City Beach, FL Inflation
Understanding the BLS and Inflation in Panama City Beach, 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 Beach, 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 Beach, 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 Beach, 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 Beach, 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 beach, FL
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