Lakewood, NY's Data
About Lakewood, NY's
Lakewood village, located in Chautauqua County, New York, is a small yet vibrant community on the shores of Chautauqua Lake. Established in the late 19th century, Lakewood has a rich history that includes being a popular destination for recreation and leisure among early industrialists. The village's scenic location and proximity to larger cities like Jamestown enhance its appeal as both a residential area and a tourist destination.
Things To Do in Lakewood, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Lakewood, NY
Chautauqua Mall - A major shopping destination offering a variety of stores and dining options.
Chautauqua Lake - Known for boating, fishing, and scenic views, a centerpiece of local recreation.
Lakewood Rod & Gun Club - A hub for local outdoor enthusiasts offering fishing, shooting sports, and social activities.
Hartley Park - A local park featuring walking trails, playgrounds, and community events.
Historic Packard Mansion - A notable historic home reflecting early 20th-century architecture and local history.
The Economy of Lakewood, NY
The economy of Lakewood village is diverse, with a mix of retail, services, and tourism playing pivotal roles. The presence of the Chautauqua Mall, as well as a variety of local businesses, supports local economic activity. Tourism, driven by the village's lakeside location and recreational opportunities, also contributes significantly to the economy, especially during the summer months.
Lakewood, NY Inflation
Understanding the BLS and Inflation in Lakewood, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lakewood, 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 Lakewood, 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 Lakewood, 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 Lakewood, 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 Lakewood, NY
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