Bolivar, NY's Data
About Bolivar, NY's
Bolivar village is a small, historic community located in Allegany County, New York. Named after the South American liberator Simón Bolívar, the village was incorporated in 1882. It is situated in the southwestern part of New York State, nestled near the Pennsylvania border. Bolivar played a significant role during the oil boom in the late 19th and early 20th centuries, which shaped much of its early economic and social development.
Things To Do in Bolivar, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Bolivar, NY
Bolivar Free Library - A cornerstone of the community offering a wealth of knowledge and resources.
Bolivar-Richburg Central School Sports Complex - A hub for local sports events and school activities.
Main Street Historic District - Features a variety of historic buildings and local shops.
Allegany County Fair - Located nearby, offers entertainment, agricultural displays, and events.
Southern Tier Trail - Popular for hiking and experiencing the natural beauty of the surrounding area.
The Economy of Bolivar, NY
Today, Bolivar's economy is primarily driven by local businesses and the service sector, reflective of its small-town character. The village has transitioned from its historical reliance on oil production to a more diversified economy, with education, retail, and healthcare providing employment for many residents. The presence of small manufacturing enterprises and local entrepreneurship also contributes to the economic landscape.
Bolivar, NY Inflation
Understanding the BLS and Inflation in Bolivar, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Bolivar, 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 Bolivar, 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 Bolivar, 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 Bolivar, 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 Bolivar, NY
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