Old Town, ME's Data
About Old Town, ME's
Old Town is a city located in Penobscot County, Maine, United States, along the Penobscot River. Established in 1840, the city's history is deeply intertwined with the river, initially as a site for Native American settlements, and later for European logging and milling operations. Old Town is near the University of Maine in Orono, which influences its cultural and social environment.
Things To Do in Old Town, ME
Hike: Here are a couple of local trails to check out!
Local Attractions in Old Town, ME
Penobscot River - A major waterway offering boating, fishing, and scenic views.
Old Town Canoe Factory - Iconic canoe manufacturer offering tours and exhibits on canoe craftsmanship.
Riverfront Park - A popular spot for picnicking, walking, and seasonal festivals.
Sunkhaze Meadows National Wildlife Refuge - A large preserve ideal for bird watching, hiking, and nature photography.
Old Town Museum - Exhibits local history, including Native American heritage and the logging industry.
The Economy of Old Town, ME
The economy of Old Town has historically been centered around the timber industry, with several mills operating in the area. In recent years, economic efforts have diversified into retail, services, and education, supported by proximity to the University of Maine. The city has also seen development in small manufacturing and technology sectors.
Old Town, ME Inflation
Understanding the BLS and Inflation in Old Town, ME
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Old Town, 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 Old Town, 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 Old Town, 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 Old Town, 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 Old town, ME
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