Cambridge, MD's Data
About Cambridge, MD's
Cambridge, Maryland, is a historically rich city located on the Choptank River on Maryland's Eastern Shore. Founded in 1684, it is one of the oldest colonial cities in the state. Cambridge played significant roles in both the maritime industry and during the Civil Rights Movement. Its strategic location made it a pivotal port during the colonial period, and it continues to celebrate its deep-rooted history through various preservation efforts and historical sites.
Things To Do in Cambridge, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Cambridge, MD
Harriet Tubman Museum and Educational Center - Dedicated to the life and legacy of the famous abolitionist who was born in the area.
Blackwater National Wildlife Refuge - A sanctuary for birds and other wildlife, offering opportunities for hiking, biking, and photography.
Choptank River Lighthouse - A replica of a historic beacon with exhibits on the maritime history of the area.
Long Wharf Park - A scenic park located on the waterfront, ideal for fishing, boating, and observing local wildlife.
Dorchester County Historical Society - Houses artifacts and exhibits related to the rich history of Dorchester County.
The Economy of Cambridge, MD
The economy of Cambridge is diverse, with a strong emphasis on healthcare, manufacturing, and tourism. The city benefits from its proximity to the Chesapeake Bay, which supports the seafood industry, particularly crabs and oysters. Recent developments have seen growth in the technology sector, and local government initiatives aim to attract more businesses to the area. The revitalization of the Cambridge waterfront has also spurred economic growth, turning the area into a vibrant hub for both locals and tourists.
Cambridge, MD Inflation
Understanding the BLS and Inflation in Cambridge, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cambridge, 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 Cambridge, 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 Cambridge, 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 Cambridge, 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 Cambridge, MD
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