New Pekin, IN's Data
About New Pekin, IN's
New Pekin is a small town located in Washington County, Indiana. Established in 1831, it is known for its rich history and rural charm. The town was named after the city of Peking (now Beijing), China, reflecting the mid-19th-century fascination with East Asia. New Pekin is particularly notable for hosting the oldest consecutive Independence Day celebration in the United States, a tradition that has been ongoing since 1830.
Things To Do in New Pekin, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in New Pekin, IN
Pekin Park - A central recreational spot offering playgrounds, sports facilities, and a venue for the annual Fourth of July celebration.
Washington County Fairgrounds - Hosts various events including the county fair, providing entertainment and community engagement.
Knobstone Trail - Known as Indiana's longest footpath, offering hiking opportunities through scenic landscapes near New Pekin.
Morgan's Raid Trail - A historical trail marking the path of Confederate raider John Hunt Morgan during the Civil War.
Pioneer Village - A historical site featuring restored buildings and artifacts from the town's early days.
The Economy of New Pekin, IN
The economy of New Pekin is primarily based on agriculture, with many residents engaged in farming and related agricultural businesses. This sector dominates the local economy, supporting many families and smaller businesses in the area. In addition to agriculture, local retail and small manufacturing also contribute to the town's economic landscape.
New Pekin, IN Inflation
Understanding the BLS and Inflation in New Pekin, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Pekin, IN. 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 New Pekin, IN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in New Pekin, IN 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 New Pekin, IN 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 New pekin, IN
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