Lake Placid, NY's Data
About Lake Placid, NY's
Lake Placid is a village in the Adirondack Mountains in Essex County, New York, renowned for its scenic beauty and sporting history. Established in the early 19th century, the village gained international fame as the host of the 1932 and 1980 Winter Olympics. It is strategically located in the northern part of the state, offering a picturesque landscape of mountains and lakes that have attracted tourists and athletes alike for decades.
City: Lake Placid
State: New York
Country: United States
Population: 2,303
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 Lake Placid, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Placid, NY
Lake Placid Olympic Museum - Showcases artifacts and stories from the Winter Olympics held in the village.
Whiteface Mountain - Offers skiing, snowboarding, and gondola rides with breathtaking views of the Adirondacks.
Mirror Lake - A focal point for boating and swimming, surrounded by walking trails and picturesque views.
High Peaks - Popular for hiking, climbing, and appreciating the natural beauty of the Adirondack region.
Lake Placid Winter Olympic venues - Visitors can explore the ski jumps, bobsled track, and other facilities used during the 1980 and 1932 Olympics.
The Economy of Lake Placid, NY
The economy of Lake Placid is heavily influenced by tourism, particularly related to sports and outdoor activities. The village's reputation as a winter sports hub, bolstered by facilities built for the Olympics, continues to attract visitors for skiing, ice skating, and hockey. Additionally, Lake Placid's economy benefits from hosting conferences, events, and festivals, which contribute to the local hospitality and service sectors.
Lake Placid, NY Inflation
Understanding the BLS and Inflation in Lake Placid, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Placid, 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 Lake Placid, 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 Lake Placid, 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 Lake Placid, 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 Lake placid, NY
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