Farrell, PA's Data
About Farrell, PA's
Farrell is a city located in Mercer County, Pennsylvania, with a rich history rooted in the steel industry. Originally established as a bedroom community for steel workers in the early 20th century, Farrell grew rapidly due to its proximity to major steel mills. The city was incorporated in 1916 and named after industrialist James A. Farrell. Over the years, Farrell has transformed, reflecting broader economic changes in the region.
City: Farrell
State: Pennsylvania
Country: United States
Population: 4,480
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 Farrell, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Farrell, PA
Roemer Boulevard - Known for its historical significance in the city's development.
Farrell Area School District Sports Complex - A hub for local sports events and community gatherings.
Veterans Memorial Park - A tribute to the military service of residents, featuring memorials and serene landscapes.
Shenango Valley Mall - Regional shopping destination offering a variety of stores and eateries.
Buhl Farm Park - A nearby large park offering recreational activities such as golf, tennis, and walking trails.
The Economy of Farrell, PA
The economy of Farrell, once heavily dependent on the steel industry, has diversified following the decline of heavy manufacturing in the region. Today, the city's economic landscape includes small businesses, light manufacturing, and service-oriented industries. Efforts to revitalize the local economy are evident through various redevelopment projects aimed at stimulating economic growth and employment opportunities.
Farrell, PA Inflation
Understanding the BLS and Inflation in Farrell, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Farrell, 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 Farrell, 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 Farrell, 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 Farrell, 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 Farrell, PA
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