Ridgely, MD's Data
About Ridgely, MD's
Ridgely is a small town located in Caroline County, Maryland. Established in 1867, Ridgely was named after the Ridgely family who owned a large portion of the land in the area. The town's development was significantly influenced by the arrival of the railroad, which facilitated the growth of agriculture and commerce. Nestled in the Eastern Shore region of Maryland, Ridgely is characterized by its rich history and small-town charm, providing a glimpse into the rural life of the past.
Things To Do in Ridgely, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Ridgely, MD
Adkins Arboretum - A 400-acre native garden and preserve offering nature walks, art exhibits, and environmental education.
Martinak State Park - A state park featuring camping facilities, hiking trails, and water access for fishing and boating.
Tuckahoe State Park - Nearby park with extensive recreational facilities including an equestrian center, hiking trails, and a lake for fishing and kayaking.
Ridgely Historical Society - Museum highlighting the town's history and heritage through various artifacts and exhibits.
Rail Trail - A scenic walking and biking trail following the old railroad line, providing a peaceful retreat into nature.
The Economy of Ridgely, MD
The economy of Ridgely is predominantly based on agriculture, reflecting its historical roots as a rural community. The town's proximity to fertile farmlands supports the cultivation of crops such as corn and soybeans. Additionally, Ridgely has a mix of local businesses that cater to the needs of its residents, including retail shops and service-oriented businesses. The town's economy also benefits from its location, as it serves as a gateway to other destinations on Maryland's Eastern Shore, attracting tourists and supporting local hospitality services.
Ridgely, MD Inflation
Understanding the BLS and Inflation in Ridgely, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ridgely, 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 Ridgely, 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 Ridgely, 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 Ridgely, 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 Ridgely, MD
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