Banner Elk, NC's Data
About Banner Elk, NC's
Banner Elk is a charming town located in Avery County, North Carolina, nestled in the Blue Ridge Mountains. Established in 1911, the town is known for its scenic beauty and serves as a gateway to various outdoor activities in the surrounding mountainous region. Its history is deeply entwined with the local Appalachian culture and the development of mountain tourism in North Carolina.
City: Banner Elk
State: North Carolina
Country: United States
Population: 1,028
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 Banner Elk, NC
Hike: Here are a couple of local trails to check out!
Local Attractions in Banner Elk, NC
Sugar Mountain Resort - A popular ski destination offering a range of winter sports and activities.
Beech Mountain Resort - Another key ski resort known for its slopes and winter sports facilities.
Lees-McRae College - A historic site and active educational institution with beautiful campus grounds.
Banner Elk Winery - The region's first winery, offering tastings and tours amidst picturesque settings.
Grandfather Mountain - A nearby nature reserve famous for its mile-high swinging bridge, hiking trails, and wildlife.
The Economy of Banner Elk, NC
The economy of Banner Elk is primarily driven by tourism, especially related to skiing, snowboarding, and outdoor mountain sports. The presence of Lees-McRae College also contributes to the local economy through education and employment. Local businesses thrive on the influx of tourists in both summer and winter, with a focus on hospitality, dining, and retail catering to visitors.
Banner Elk, NC Inflation
Understanding the BLS and Inflation in Banner Elk, NC
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Banner Elk, NC. 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 Banner Elk, NC understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Banner Elk, NC 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 Banner Elk, NC 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 Banner elk, NC
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