Palmyra, NJ's Data
About Palmyra, NJ's
Palmyra is a borough in Burlington County, New Jersey, United States, situated along the Delaware River. Established in 1894, the borough is named after the ancient city of Palmyra in Syria, reflecting a trend of the era to name American towns after ancient cities. The area was originally settled by the Swedes and English in the 17th century and has developed a rich historical tapestry over the centuries. Its proximity to Philadelphia makes it a strategic location for residents and businesses alike.
City: Palmyra
State: New Jersey
Country: United States
Population: 7,398
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 Palmyra, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Palmyra, NJ
Palmyra Cove Nature Park - A 250-acre environmental preserve offering walking trails, wildlife observation, and educational programs.
Palmyra Historical and Cultural Society - Features local artifacts and exhibits on the borough's history.
Delaware Riverfront - Popular for its beautiful views, fishing, and boating activities.
Legion Field - A community park with sports facilities and recreational areas for families.
Tacony-Palmyra Bridge - A notable architectural structure connecting New Jersey with Pennsylvania, offering panoramic views of the Delaware River.
The Economy of Palmyra, NJ
The economy of Palmyra is primarily driven by local businesses and services that cater to the needs of its residents. The borough's location near major metropolitan areas like Philadelphia allows for easy access to larger job markets, thereby influencing local employment opportunities. Retail, healthcare, and education are significant sectors, with many residents commuting to nearby cities for work. The real estate market in Palmyra also plays a crucial role in its economy, influenced by its scenic riverfront and historical sites.
Palmyra, NJ Inflation
Understanding the BLS and Inflation in Palmyra, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Palmyra, 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 Palmyra, 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 Palmyra, 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 Palmyra, 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 Palmyra, NJ
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