Paramus, NJ's Data
About Paramus, NJ's
Paramus borough, located in Bergen County, New Jersey, is a suburban community known for its significant role in regional commerce. Established as a borough on March 2, 1922, Paramus was originally inhabited by the Lenni Lenape Native Americans and later settled by Dutch colonists in the 17th century. Its name, derived from the Lenape word 'peremessing,' which means 'land of the wild turkey,' reflects its rich historical roots.
City: Paramus
State: New Jersey
Country: United States
Population: 26342
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 Paramus, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Paramus, NJ
Paramus Park Mall - A popular shopping destination with a variety of stores and dining options.
Westfield Garden State Plaza - One of the largest shopping malls in New Jersey, offering a wide range of retail and entertainment facilities.
Van Saun County Park - A large park featuring a zoo, playgrounds, and picnic areas, ideal for family outings.
Bergen County Zoological Park - A well-maintained zoo that provides educational and recreational activities for visitors of all ages.
The New Jersey Children's Museum - Offers interactive exhibits and educational programs for children, making learning fun and engaging.
The Economy of Paramus, NJ
Paramus is renowned for its robust retail sector, housing numerous shopping malls and retail outlets that make it one of the top retail zip codes in the United States. The borough's economy benefits significantly from its retail industry, as it attracts shoppers from across the region, thanks to its policy of low taxes on sales items and its location near major metropolitan areas. Additionally, Paramus has a mix of healthcare services and corporate offices that contribute to its economic landscape.
Paramus, NJ Inflation
Understanding the BLS and Inflation in Paramus, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Paramus, 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 Paramus, 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 Paramus, 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 Paramus, 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 Paramus, NJ
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