Silver Spring, MD's Data
About Silver Spring, MD's
Silver Spring is a bustling suburb located in Montgomery County, Maryland, just north of Washington D.C. Known for its vibrant downtown area, Silver Spring has a rich history that dates back to the 19th century when it was originally developed as a residential community. The name 'Silver Spring' is derived from a mica-flecked spring discovered there in 1840 by Francis Preston Blair, who subsequently bought much of the surrounding land. Today, Silver Spring is noted for its diverse population and cultural vibrancy.
City: Silver Spring
State: Maryland
Country: United States
Population: Approximately 81,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Silver Spring, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Silver Spring, MD
AFI Silver Theatre and Cultural Center - A historic 1938 movie palace that offers film programming and cultural events.
Downtown Silver Spring - Features a mix of shops, restaurants, and entertainment venues, hosting numerous public events.
Silver Spring Civic Center - A modern facility that hosts community events, conferences, and arts performances.
Sligo Creek Park - Offers trails, playgrounds, and picnic areas along a scenic creek, ideal for outdoor activities.
National Museum of Health and Medicine - Displays medical artifacts and exhibits on the history of medicine and health.
The Economy of Silver Spring, MD
Silver Spring's economy is dynamic and primarily driven by sectors such as media, healthcare, and professional services. The presence of major employers like Discovery Communications (until 2018), the National Oceanic and Atmospheric Administration (NOAA), and numerous healthcare entities including the Holy Cross Hospital contribute significantly to the local economy. The downtown area has undergone substantial development, which has attracted a variety of businesses and boosted job growth.
Silver Spring, MD Inflation
Understanding the BLS and Inflation in Silver Spring, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Silver Spring, 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 Silver Spring, 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 Silver Spring, 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 Silver Spring, 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 Silver spring, MD
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