Allegany, NY's Data
About Allegany, NY's
Allegany village, located in Cattaraugus County, New York, is a small community nestled along the Allegheny River. Established in 1831, this village has a rich history connected to the early lumber industry and the development of transportation networks in western New York. Its proximity to St. Bonaventure University adds a vibrant academic flavor to the village, influencing both culture and economy.
Things To Do in Allegany, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Allegany, NY
St. Bonaventure University - A historic private university offering a picturesque campus and various educational opportunities.
Allegany River Trail - A scenic trail along the river, popular for walking, biking, and observing nature.
Rock City Park - Known as the 'World's Largest Exposure of Quartz Conglomerate,' this park offers unique geological formations and panoramic views.
Seneca Iroquois National Museum - A museum dedicated to the history, culture, and arts of the Seneca and other Iroquois peoples.
Holiday Valley - Located nearby, this resort offers skiing, golfing, and outdoor activities year-round.
The Economy of Allegany, NY
The economy of Allegany village is closely tied to education and local services, largely influenced by the presence of St. Bonaventure University. The university not only employs a significant portion of the town's population but also attracts businesses that cater to students and faculty. Retail, healthcare, and small manufacturing also contribute to the local economy, supporting the residents and neighboring communities.
Allegany, NY Inflation
Understanding the BLS and Inflation in Allegany, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Allegany, NY. 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 Allegany, NY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Allegany, NY 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 Allegany, NY 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 Allegany, NY
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