New Providence, NJ's Data
About New Providence, NJ's
New Providence is a borough in Union County, New Jersey, United States. It is located on the Passaic River, which lies along the northwestern edge of the community. Originally settled by Europeans in 1720, the area was initially called Turkey Town due to the presence of wild turkeys. The borough's current name was adopted in 1759, reflecting the residents' gratitude for a new Presbyterian church built after a fire destroyed the original. New Providence has a rich history and has evolved into a serene suburban community with a strong sense of local heritage.
City: New Providence
State: New Jersey
Country: United States
Population: 13308
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 New Providence, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in New Providence, NJ
Salt Box Museum - A historical museum showcasing local artifacts and exhibits on the area's colonial past.
Centennial Park - A popular outdoor venue for community events, sports, and recreational activities.
The New Providence Memorial Library - Offers a wide range of resources and programs that enrich community life.
Passaic River Park - Provides scenic walking trails and opportunities for fishing along the Passaic River.
Pioneer Drive Park - A family-friendly park with playgrounds, sports fields, and picnic areas.
The Economy of New Providence, NJ
The economy of New Providence is characterized by a mix of local businesses, professional services, and light manufacturing. The borough benefits from its proximity to major metropolitan areas, facilitating commuting and business exchanges. Notable economic drivers include a number of corporate headquarters, such as the global pharmaceutical company Celgene, and a robust educational sector. The local economy is also supported by small businesses that cater to the daily needs and services of its residents.
New Providence, NJ Inflation
Understanding the BLS and Inflation in New Providence, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Providence, 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 New Providence, 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 New Providence, 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 New Providence, 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 New providence, NJ
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