Oceanport, NJ's Data
About Oceanport, NJ's
Oceanport is a borough in Monmouth County, New Jersey, United States. Nestled along the shores of the Shrewsbury River, Oceanport is known for its small-town charm and vibrant community. Incorporated in 1920, it was originally part of Eatontown. Oceanport has a rich history tied to its strategic coastal location, which has influenced its development and local culture. The borough is also recognized for its contributions to the telecommunications industry, with historic figures such as Cyrus West Field, who laid the first telegraph cable across the Atlantic Ocean.
City: Oceanport
State: New Jersey
Country: United States
Population: 5,834
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 Oceanport, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Oceanport, NJ
Monmouth Park Racetrack - A historic site for thoroughbred horse racing, offering live races and events.
Fort Monmouth - A former U.S. Army post, part of which is located in Oceanport, now being redeveloped into a mixed-use community space.
Shrewsbury River - Popular for boating, fishing, and scenic views, enhancing the borough's recreational offerings.
Wolf Hill Recreation Area - A park offering playgrounds, sports fields, and dog park, ideal for family outings and sports enthusiasts.
Oceanport Paddle Club - A hub for paddle sports, providing rentals and lessons for canoeing and kayaking.
The Economy of Oceanport, NJ
The economy of Oceanport is diverse, with a mix of local businesses, service industries, and a strong emphasis on the equine industry due to the presence of Monmouth Park Racetrack. This historic racetrack not only boosts local tourism but also plays a significant role in the local economy. Additionally, the borough benefits from its proximity to major urban centers like New York City, which provides employment opportunities for residents and supports the local service and retail sectors.
Oceanport, NJ Inflation
Understanding the BLS and Inflation in Oceanport, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oceanport, 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 Oceanport, 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 Oceanport, 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 Oceanport, 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 Oceanport, NJ
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