Drexel, NC's Data
About Drexel, NC's
Drexel is a small town located in Burke County, North Carolina. Established in 1913, it has a rich history tied to the furniture industry, which was once a major economic driver in the region. Nestled in the foothills of the Blue Ridge Mountains, Drexel offers a picturesque setting combined with a close-knit community atmosphere. Its proximity to larger cities like Morganton enhances its appeal as a peaceful residential area with access to urban amenities.
City: Drexel
State: North Carolina
Country: United States
Population: 1,858
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 Drexel, NC
Hike: Here are a couple of local trails to check out!
Local Attractions in Drexel, NC
Drexel Heritage Plant - Historical site of a former major furniture manufacturer.
Mimosa Hills Golf Club - A well-regarded golf course offering scenic views and challenging play.
South Mountains State Park - Nearby park offering hiking, fishing, and beautiful natural landscapes.
Broughton Hospital Historic District - A nearby historic district with architectural and historical significance.
Burke Arts Council - Local cultural organization promoting arts within the community.
The Economy of Drexel, NC
The economy of Drexel, North Carolina, has historically been anchored by the furniture manufacturing industry, reflecting the broader economic trends of the region. However, over recent years, there has been a diversification with more services and retail businesses coming into play. The town benefits from its location near major transportation routes, which facilitates business operations and logistics. Local economic development efforts focus on attracting new businesses while supporting the growth of existing ones.
Drexel, NC Inflation
Understanding the BLS and Inflation in Drexel, NC
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Drexel, 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 Drexel, 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 Drexel, 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 Drexel, 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 Drexel, NC
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