Richfield Springs, NY's Data
About Richfield Springs, NY's
Richfield Springs is a quaint village located in Otsego County, New York. Nestled in a picturesque setting near Canadarago Lake, the village has a rich history dating back to its establishment in 1820. Historically known for its sulfur springs, Richfield Springs became a popular destination in the 19th century for those seeking health benefits from the mineral waters. This historical charm is still evident in the village's architecture and small-town atmosphere.
City: Richfield Springs
State: New York
Country: United States
Population: 1,264
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 Richfield Springs, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Richfield Springs, NY
Canadarago Lake - A scenic lake offering boating, fishing, and picturesque views.
Petrified Creatures Museum of Natural History - Features a collection of fossils and educates on geological history.
Hyde Hall - A historic neoclassical mansion, offering insights into 19th-century life and architecture.
Richfield Springs Historic District - Encompasses several blocks of well-preserved 19th-century buildings.
Richfield Springs Farmers Market - A seasonal market that showcases local produce and crafts.
The Economy of Richfield Springs, NY
The economy of Richfield Springs has evolved from its early days of spa tourism to a more diversified mix. Today, the local economy is supported by a combination of small businesses, agriculture, and tourism. The proximity to Canadarago Lake and the scenic beauty of the surrounding area continue to draw visitors, which benefits local hospitality and retail sectors. The village also serves as a community hub for the surrounding rural areas, providing essential services and supporting local employment.
Richfield Springs, NY Inflation
Understanding the BLS and Inflation in Richfield Springs, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Richfield Springs, 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 Richfield Springs, 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 Richfield Springs, 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 Richfield Springs, 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 Richfield springs, NY
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