Fairchance, PA's Data
About Fairchance, PA's
Fairchance is a borough located in Fayette County, Pennsylvania. Established in 1893, this small community has a rich history tied to the coal mining and glass industries that flourished in the region during the early 20th century. Positioned near the Pennsylvania-West Virginia border, Fairchance offers a blend of rural charm and historical significance, providing a glimpse into the industrial heritage that shaped much of Western Pennsylvania.
City: Fairchance
State: Pennsylvania
Country: United States
Population: Approximately 2,000 residents as of the latest estimates.
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 Fairchance, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Fairchance, PA
Fairchance Railroad Depot - A historic site reflecting the borough's transportation history.
Friendship Hill National Historic Site - Located nearby, the home of early American politician Albert Gallatin.
Cheat Lake - A popular recreational area for fishing, boating, and hiking, located a short drive away.
Fort Necessity National Battlefield - A historical site commemorating a key battle of the French and Indian War.
Youghiogheny River Trail - Offers scenic views for biking and walking enthusiasts.
The Economy of Fairchance, PA
The economy of Fairchance, like many small towns in the region, historically revolved around coal mining and manufacturing, particularly glass production. Today, while these industries no longer dominate, the local economy has diversified. Small businesses, retail services, and light manufacturing form the backbone of Fairchance's economic landscape, with tourism to nearby historical sites and natural attractions also contributing.
Fairchance, PA Inflation
Understanding the BLS and Inflation in Fairchance, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Fairchance, PA. 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 Fairchance, PA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Fairchance, PA 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 Fairchance, PA 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 Fairchance, PA
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