Solvay, NY's Data
About Solvay, NY's
Solvay, New York, is a small village located in Onondaga County, west of Syracuse. Named after the Solvay Process Company, which established a significant chemical plant in the area in the 1880s, the village has a rich industrial history. This process was pivotal in the production of soda ash, a key ingredient in glass and chemicals manufacturing. Solvay's proximity to Syracuse allows for suburban living while still benefiting from the amenities of a larger city.
Things To Do in Solvay, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Solvay, NY
Milton J. Rubenstein Museum of Science & Technology - A hands-on science and technology museum located nearby in Syracuse, offering educational programs and exhibits.
Rosamond Gifford Zoo - Located in Syracuse, this zoo is home to over 700 animals and offers various conservation and educational programs.
Onondaga Lake Park - A popular spot for outdoor activities including walking, biking, and seasonal festivals, located just north of Solvay.
Empire Expo Center - Hosts the annual New York State Fair, along with numerous other events throughout the year, providing entertainment and economic boost to the area.
Solvay Public Library - Offers a range of community services, educational programs, and resources, serving as a cultural hub in the village.
The Economy of Solvay, NY
Historically, Solvay's economy was heavily reliant on the chemical industry, particularly the operations of the Solvay Process Company. Although the chemical plant significantly downscaled operations towards the end of the 20th century, the village's economy has diversified. Today, it includes small businesses, manufacturing, and services, with a notable shift towards retail and professional services. The local economy is also bolstered by its proximity to Syracuse, providing employment opportunities in larger industries and the service sector.
Solvay, NY Inflation
Understanding the BLS and Inflation in Solvay, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Solvay, 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 Solvay, 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 Solvay, 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 Solvay, 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 Solvay, NY
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