Biddeford, ME's Data
About Biddeford, ME's
Biddeford, located in York County, Maine, is a city rich in history and culture, situated along the Saco River near the Atlantic Ocean. Originally settled in the 17th century, it became one of the earliest European communities in the United States. The city's development was significantly influenced by its mills and textile industry, which thrived during the 19th century. Today, Biddeford is recognized for its efforts in revitalizing its historic downtown and transforming former mill spaces into centers for arts and culture.
Things To Do in Biddeford, ME
Hike: Here are a couple of local trails to check out!
Local Attractions in Biddeford, ME
Biddeford Pool - A large tidal pool offering scenic views and opportunities for bird-watching and kayaking.
Wood Island Lighthouse - An historic lighthouse accessible via boat tours, providing insight into maritime history.
Pepperell Mill Campus - A historic mill complex now housing businesses, artist studios, and event spaces.
Fortunes Rocks Beach - A picturesque beach known for its long stretch of sand and surf, popular among locals and tourists.
McArthur Public Library - A historic library offering a wealth of resources and community events.
The Economy of Biddeford, ME
The economy of Biddeford has transitioned from its historical reliance on the textile industry to a more diversified mix of manufacturing, retail, and service industries. The city has seen a recent surge in economic development, particularly in the redevelopment of its mill district into commercial and residential spaces, attracting new businesses and young professionals. Healthcare, education, and small business entrepreneurship also contribute significantly to the local economy.
Biddeford, ME Inflation
Understanding the BLS and Inflation in Biddeford, ME
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Biddeford, ME. 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 Biddeford, ME understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Biddeford, ME 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 Biddeford, ME 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 Biddeford, ME
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