Bethesda, MD's Data
About Bethesda, MD's
Bethesda is an affluent unincorporated community located in southern Montgomery County, Maryland, just northwest of Washington, D.C. Its name originates from the Bethesda Meeting House, a local church built in 1820, which took its name from Jerusalem's Pool of Bethesda. Over time, Bethesda has grown from a quiet rural settlement into a bustling urban center, known for its highly educated populace and high standard of living.
Things To Do in Bethesda, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Bethesda, MD
Bethesda Row - A vibrant shopping and dining district known for its upscale boutiques, restaurants, and outdoor events.
Strathmore - A cultural and artistic venue offering a range of performances, art exhibitions, and educational programs.
Cabin John Regional Park - A large park featuring trails, picnic areas, and a miniature train, ideal for family outings.
Capital Crescent Trail - A popular mixed-use trail that connects Bethesda to Washington, D.C., perfect for biking and walking.
The Music Center at Strathmore - A state-of-the-art concert hall that hosts major national acts, orchestras, and community events.
The Economy of Bethesda, MD
Bethesda's economy is robust and diverse, anchored by a strong presence of private sector companies and government institutions. Key economic drivers include healthcare, professional services, and biotechnology. It is home to the National Institutes of Health (NIH), Walter Reed National Military Medical Center, and a number of corporate headquarters such as Marriott International. The area also boasts a vibrant retail scene, with numerous shops, restaurants, and commercial centers that contribute to its economic vitality.
Bethesda, MD Inflation
Understanding the BLS and Inflation in Bethesda, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Bethesda, MD. 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 Bethesda, MD understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Bethesda, MD 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 Bethesda, MD 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 Bethesda, MD
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