Babylon, NY's Data
About Babylon, NY's
Babylon Village, located in Suffolk County, New York, is a charming and historic community on the south shore of Long Island. Established in 1803 and incorporated in 1893, Babylon has a rich history that includes being a popular resort destination in the late 19th and early 20th centuries. Its proximity to New York City and scenic views along the Great South Bay have made it a favored residential spot.
Things To Do in Babylon, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Babylon, NY
Argyle Park - A picturesque park with a lake, walking paths, and recreational facilities.
Babylon Village Historic District - Features well-preserved buildings reflecting the village's rich architectural history.
Babylon Marina - A popular spot for boating and fishing, offering beautiful views of the Great South Bay.
Geiger Lake Memorial Park - Known for its beautiful setting and facilities for family outings and sports.
The Conklin House - A historical museum housed in a 19th-century farmhouse, offering insights into local history.
The Economy of Babylon, NY
The economy of Babylon Village benefits from a mix of local businesses, retail shops, and services that cater to both residents and tourists. The village's economy is bolstered by its status as a local transportation hub and its attractive downtown area, which draws shoppers and diners. Additionally, real estate is a significant economic driver, supported by the village's desirable location and well-maintained historic homes.
Babylon, NY Inflation
Understanding the BLS and Inflation in Babylon, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Babylon, NY. 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 Babylon, NY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Babylon, NY 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 Babylon, NY 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 Babylon, NY
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