Fanwood, NJ's Data
About Fanwood, NJ's
Fanwood is a charming borough located in Union County, New Jersey. Established in 1895, Fanwood has a rich history that is closely tied to the development of the Central Railroad of New Jersey. Its residential character and proximity to major cities like New York make it a desirable suburban community. Fanwood is known for its tight-knit community and vibrant local life, hosting various cultural and community events throughout the year.
City: Fanwood
State: New Jersey
Country: United States
Population: 7,514
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 Fanwood, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Fanwood, NJ
Fanwood Nature Center - A serene natural area offering walking trails and wildlife viewing.
Carriage House Park - Known for its historical significance and recreational facilities.
La Grande Park - A popular spot for families, featuring playgrounds, sports fields, and picnic areas.
Fanwood Train Station - A historic site still in use, providing commuter access to larger cities.
Fanwood Museum - Hosts exhibits on the borough's history and development.
The Economy of Fanwood, NJ
Fanwood's economy is primarily driven by local businesses, with a significant contribution from the service sector, including education, retail, and healthcare. The borough benefits from its proximity to major urban centers, which provides residents with ample employment opportunities in various industries. Additionally, Fanwood's local government supports small businesses and encourages economic development through community-oriented initiatives.
Fanwood, NJ Inflation
Understanding the BLS and Inflation in Fanwood, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Fanwood, NJ. 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 Fanwood, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Fanwood, NJ 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 Fanwood, NJ 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 Fanwood, NJ
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