Ocean City, NJ's Data
About Ocean City, NJ's
Ocean City, located in Cape May County, New Jersey, is a prominent resort town known for its family-friendly atmosphere and picturesque beaches. Founded in 1879 by Methodist ministers, the city was initially established as a Christian retreat. Over the years, it has transformed into a popular tourist destination, maintaining a dry town status where the sale of alcoholic beverages is prohibited. Its coastal location on the barrier islands of New Jersey makes it a scenic spot with a rich history in maritime activities and coastal culture.
City: Ocean City
State: New Jersey
Country: United States
Population: Approximately 11,000 residents, with significant seasonal fluctuations.
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 Ocean City, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Ocean City, NJ
Ocean City Boardwalk - A historic wooden boardwalk lined with eateries, shops, and amusement parks.
Ocean City Beaches - Well-maintained beaches ideal for swimming, sunbathing, and water sports.
Gillian's Wonderland Pier - A family amusement park with rides and games for all ages.
Corson's Inlet State Park - A protected area great for hiking, fishing, and observing local wildlife.
Music Pier - An iconic venue hosting concerts and events right on the boardwalk.
The Economy of Ocean City, NJ
The economy of Ocean City is heavily reliant on tourism, which peaks during the summer months when the population swells with visitors drawn to its beaches and boardwalk. The local economy benefits from a variety of businesses including retail shops, restaurants, and amusement parks that cater to tourists. Real estate is also a significant economic driver, with many properties being used for seasonal rental. The city's commitment to maintaining a family-friendly environment helps sustain its tourism industry year after year.
Ocean City, NJ Inflation
Understanding the BLS and Inflation in Ocean City, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ocean City, 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 Ocean City, 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 Ocean City, 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 Ocean City, 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 Ocean city, NJ
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