Buchanan, NY's Data
About Buchanan, NY's
Buchanan is a small village located within the town of Cortlandt in Westchester County, New York. The village, named after President James Buchanan, was incorporated in 1928. It is situated on the eastern banks of the Hudson River and is known for its residential character and its historical ties to the energy sector. Historically, Buchanan has been significantly influenced by the presence of the Indian Point Energy Center, a nuclear power plant that was a major part of the local economy until its decommissioning began in 2021.
Things To Do in Buchanan, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Buchanan, NY
Indian Point Energy Center - A decommissioned nuclear power plant that once powered millions of homes in New York City and Westchester County.
Hudson River - Offers scenic views and recreational opportunities such as boating and fishing.
Lent's Cove - A popular local park providing outdoor recreation including picnicking, fishing, and walking trails.
Cortlandt Waterfront Park - Located nearby, this park offers additional recreational activities along the Hudson River.
Peekskill Museum - A short drive away, this museum showcases local history, including the area's industrial past.
The Economy of Buchanan, NY
The economy of Buchanan has been traditionally anchored by the Indian Point Energy Center, which provided a substantial portion of the local employment and economic activity. With the plant's closure, the village faces economic transition challenges, although efforts are being made to repurpose the site and stimulate economic redevelopment. The local economy is now more reliant on small businesses, services, and retail, complemented by residential development.
Buchanan, NY Inflation
Understanding the BLS and Inflation in Buchanan, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Buchanan, 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 Buchanan, 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 Buchanan, 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 Buchanan, 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 Buchanan, NY
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