Cape May, NJ's Data
About Cape May, NJ's
Cape May, located at the southern tip of Cape May Peninsula in Cape May County, New Jersey, is a city steeped in history and noted for its unique Victorian architecture. Established as a city in 1851, it is one of the country's oldest vacation resort destinations. The entire city was designated a National Historic Landmark due to its well-preserved 19th century buildings. Cape May is situated on the Delaware Bay and is famous for its beautiful beaches and birdwatching opportunities, making it a significant point of interest for both history enthusiasts and nature lovers.
City: Cape May
State: New Jersey
Country: United States
Population: 3,607
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 Cape May, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Cape May, NJ
Cape May Lighthouse - An iconic 1859 lighthouse offering climbing tours and panoramic views of the Atlantic Ocean.
Emlen Physick Estate - A restored Victorian house museum that showcases 19th-century domestic life in Cape May.
Cape May Historic District - A large area with nearly 600 preserved Victorian buildings, offering a glimpse into the architectural past of the city.
Washington Street Mall - An outdoor walking mall with unique shops, restaurants, and galleries, popular among both locals and tourists.
Cape May Bird Observatory - A renowned birdwatching center offering guided walks, workshops, and seasonal birding events.
The Economy of Cape May, NJ
The economy of Cape May is heavily reliant on tourism, which peaks during the summer months when visitors flock to the area for its beaches, historic sites, and birdwatching activities. The city's economy benefits from a mix of accommodations, including historic hotels, bed and breakfasts, and vacation rentals. Local businesses such as restaurants, shops, and tour services also thrive due to the tourist influx. Additionally, Cape May's location makes it a hub for fishing and boating industries, further diversifying its economic landscape.
Cape May, NJ Inflation
Understanding the BLS and Inflation in Cape May, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cape May, 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 Cape May, 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 Cape May, 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 Cape May, 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 Cape may, NJ
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