Laurel, MD's Data
About Laurel, MD's
Laurel is a city located midway between Washington, D.C., and Baltimore, Maryland. Known for its rich history and strategic location along the Patuxent River, Laurel was originally established as a mill town in the early 19th century. Over the years, it has evolved from its industrial roots to become a vibrant community with a diverse population. The city's historical significance is highlighted by its inclusion on the National Register of Historic Places, particularly the Laurel Historic District which showcases architecture from the late 1800s and early 1900s.
Things To Do in Laurel, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Laurel, MD
Montpelier Mansion - A historic site featuring a beautiful 18th-century Georgian mansion set in a lush park.
Laurel Park - A thoroughbred racetrack that offers live horse racing and events.
Dutch Country Farmers Market - A market known for its Amish goods, offering a variety of fresh foods and handmade products.
Laurel Museum - A museum that explores the local history of Laurel and its evolution from a mill town to a modern city.
Patuxent Research Refuge - A vast wildlife refuge offering trails, wildlife viewing, and educational programs.
The Economy of Laurel, MD
The economy of Laurel is characterized by a mix of local businesses, retail establishments, and services that cater to the needs of its residents and the surrounding communities. The city's proximity to major cities like Washington, D.C., and Baltimore provides additional employment opportunities for its workforce. Key sectors include healthcare, education, and retail, with several small to medium-sized enterprises contributing to the local economy. The presence of the Applied Physics Laboratory near the city also bolsters the local economy through technology and engineering jobs.
Laurel, MD Inflation
Understanding the BLS and Inflation in Laurel, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Laurel, 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 Laurel, 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 Laurel, 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 Laurel, 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 Laurel, MD
No results found. Please try another search.
Brought to you by
