Ponderay, ID's Data
About Ponderay, ID's
Ponderay, located in Bonner County, Idaho, is a small city known for its scenic beauty and proximity to Lake Pend Oreille. The city's name is derived from the French word 'pend d'oreille', referring to the ear pendants worn by the local Kootenai tribe. Established as a city in 1904, Ponderay has a rich history intertwined with the timber industry and the development of the Northern Idaho region.
Things To Do in Ponderay, ID
Hike: Here are a couple of local trails to check out!
Local Attractions in Ponderay, ID
Lake Pend Oreille - Known for its deep waters and recreational activities like fishing, boating, and scenic views.
Schweitzer Mountain Ski Resort - A popular destination for skiing and snowboarding, offering expansive mountain views and winter sports facilities.
Sandpoint City Beach - A nearby sandy beach providing opportunities for swimming, picnicking, and volleyball.
Bonner County History Museum - Exhibits on local history, including Native American artifacts and regional development.
Panida Theater - A historic theater in nearby Sandpoint that hosts a variety of cultural events, films, and performances.
The Economy of Ponderay, ID
The economy of Ponderay is largely driven by retail and service industries, with a significant influence from tourism due to its location near Lake Pend Oreille and the Schweitzer Mountain Ski Resort. The city has seen growth in small businesses and retail outlets, particularly with the presence of large shopping centers that serve as a regional hub for surrounding areas.
Ponderay, ID Inflation
Understanding the BLS and Inflation in Ponderay, ID
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ponderay, ID. 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 Ponderay, ID understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Ponderay, ID 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 Ponderay, ID 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 Ponderay, ID
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