Frederick, MD's Data
About Frederick, MD's
Frederick is a historic city located in west-central Maryland. It is the county seat of Frederick County, the largest county by area in the state of Maryland. Founded in 1748, Frederick played a pivotal role during the Civil War, serving as a major hospital center for wounded soldiers. Today, the city is noted for its preservation of historic sites, a vibrant arts scene, and its proximity to both Baltimore and Washington D.C., making it a significant regional hub.
Things To Do in Frederick, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Frederick, MD
National Museum of Civil War Medicine - Showcases the medical history of the Civil War with immersive exhibits.
Downtown Frederick - Known for its historic architecture, featuring a variety of shops, restaurants, and cultural venues.
Baker Park - A 58-acre city park offering recreational activities, a carillon, and scenic walkways.
Schifferstadt Architectural Museum - One of the oldest and most historic buildings in Frederick, representing German colonial architecture.
Monocacy National Battlefield - A historical site commemorating the 1864 Battle of Monocacy, a significant conflict during the Civil War.
The Economy of Frederick, MD
Frederick's economy is diverse, encompassing sectors such as biosciences, technology, and manufacturing. The city is home to Fort Detrick, a major U.S. Army Medical Command installation, which significantly contributes to the local economy through research and development in the biomedical field. The presence of numerous government contractors, a growing technology sector, and a robust retail environment also play key roles in the economic landscape of Frederick.
Frederick, MD Inflation
Understanding the BLS and Inflation in Frederick, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Frederick, 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 Frederick, 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 Frederick, 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 Frederick, 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 Frederick, MD
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