Portland, ME's Data
About Portland, ME's
Portland is the most populous city in the state of Maine and serves as its economic and cultural hub. Located on a peninsula extending into Casco Bay, Portland was originally settled in 1632 as a fishing and trading village. It has a rich history that includes significant roles in the American Revolutionary War and later, the Civil War. The city's Old Port district is well known for its cobblestone streets, 19th-century architecture, and vibrant arts scene.
Things To Do in Portland, ME
Hike: Here are a couple of local trails to check out!
Local Attractions in Portland, ME
Portland Head Light - A historic lighthouse first lit in 1791, located in nearby Cape Elizabeth and offering picturesque views of the Atlantic Ocean.
Old Port - A bustling waterfront district known for its cobblestone streets, quaint shops, and excellent seafood restaurants.
Portland Museum of Art - The largest and oldest public art institution in Maine, featuring a collection of over 18,000 artworks.
Eastern Promenade - A scenic waterfront park that offers walking trails, a beach area, and panoramic views of Casco Bay.
Victoria Mansion - A pre-Civil War era mansion with a well-preserved interior, showcasing a variety of architectural styles and decorative arts.
The Economy of Portland, ME
Portland's economy is diverse, with a strong emphasis on the service sector, healthcare, and education. The city is also known for its thriving arts community, technology startups, and a dynamic food scene, which includes an abundance of seafood restaurants and a growing number of craft breweries. Tourism also plays a significant role in the local economy, bolstered by Portland's scenic coastal views and historical significance.
Portland, ME Inflation
Understanding the BLS and Inflation in Portland, ME
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Portland, 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 Portland, 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 Portland, 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 Portland, 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 Portland, ME
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