Farmington, NM's Data
About Farmington, NM's
Farmington, situated in San Juan County, New Mexico, is a city that thrives at the confluence of the San Juan, Animas, and La Plata rivers. Established in 1901, Farmington's history is deeply intertwined with Native American cultures and the energy sector. It serves as a gateway to the Four Corners region, where New Mexico, Arizona, Utah, and Colorado meet, making it a pivotal hub for cultural and commercial exchanges.
City: Farmington
State: New Mexico
Country: United States
Population: 45450
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 Farmington, NM
Hike: Here are a couple of local trails to check out!
Local Attractions in Farmington, NM
Salmon Ruins - Historical park featuring 11th-century Puebloan ruins and a museum.
Farmington Museum - Offers exhibits on the region's history, culture, and natural sciences.
Pinon Hills Golf Course - Renowned as one of the best public golf courses in the United States.
Bisti/De-Na-Zin Wilderness - Noted for its remarkable rock formations and scenic desert landscapes.
Riverwalk Nature Trail - A scenic walking path along the Animas River, providing views and wildlife observation.
The Economy of Farmington, NM
Farmington's economy has traditionally been fueled by oil and gas extraction, which has been a cornerstone of the local economy for decades. However, in recent years, there has been a push towards diversification, with efforts to expand the retail, healthcare, and tourism sectors. The presence of large oil fields nearby continues to influence economic trends and employment in the region.
Farmington, NM Inflation
Understanding the BLS and Inflation in Farmington, NM
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Farmington, NM. 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 Farmington, NM understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Farmington, NM 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 Farmington, NM 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 Farmington, NM
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