Chatham, NJ's Data
About Chatham, NJ's
Chatham Borough, often simply referred to as Chatham, is a charming and historic municipality located in Morris County, New Jersey. Established in 1897, the borough is named after Sir William Pitt, the Earl of Chatham, and is known for its vibrant community and rich history. Chatham Borough serves as a suburban enclave with a picturesque downtown area that reflects its early American heritage. It is situated about 25 miles west of New York City, making it a popular residence for commuters.
City: Chatham
State: New Jersey
Country: United States
Population: Approximately 9,000 residents as of recent estimates.
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 Chatham, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Chatham, NJ
Chatham Fish & Game Club - A private, members-only club offering sporting facilities since 1898.
Chatham Borough Farmers Market - A seasonal market featuring local produce and goods.
The Library of The Chathams - Serving both Chatham Borough and Chatham Township, this library is a hub for community activities and resources.
Fairmount Country Club - A private country club with golf, tennis, and social events.
Chatham Historical Society - Offers insights into the rich historical tapestry of the area with various events and exhibits.
The Economy of Chatham, NJ
The economy of Chatham Borough is primarily driven by its proximity to major metropolitan areas, notably New York City. This geographic advantage supports a thriving local economy characterized by a mix of small businesses, retail shops, and services that cater to the needs of its residents and nearby communities. The borough's economy benefits significantly from the high income levels of its residents and their investment in local enterprises. Educational and health services, along with professional services, also play key roles in the local economy.
Chatham, NJ Inflation
Understanding the BLS and Inflation in Chatham, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Chatham, 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 Chatham, 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 Chatham, 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 Chatham, 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 Chatham, NJ
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