Franklin, PA's Data
About Franklin, PA's
Franklin, Pennsylvania, is a city steeped in history and charm, located at the confluence of French Creek and the Allegheny River. Established in 1795 and named after Benjamin Franklin, the city serves as the county seat of Venango County. Franklin is known for its rich heritage, particularly its involvement in the early oil industry, which earned it the nickname 'The Victorian City' due to the beautiful Victorian architecture that sprung up during this prosperous period.
City: Franklin
State: Pennsylvania
Country: United States
Population: Approximately 6,000
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 Franklin, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Franklin, PA
DeBence Antique Music World - A museum showcasing an array of antique mechanical musical instruments.
Barrow-Civic Theatre - A historic venue offering a variety of performances and community events.
Franklin Historic District - A well-preserved area with stunning Victorian architecture, offering a glimpse into the city's prosperous oil past.
Riverfront Park - A scenic park located along the Allegheny River, ideal for outdoor activities and events.
St. John's Episcopal Church - A historic church known for its beautiful stained glass windows and rich history.
The Economy of Franklin, PA
The economy of Franklin has evolved significantly from its early days rooted in the oil industry. Today, the city's economy is diversified, featuring healthcare, manufacturing, and retail sectors. UPMC Northwest, one of the major employers in the region, significantly contributes to the healthcare sector. The city's historical significance and architectural beauty also bolster tourism, which plays a role in the local economy.
Franklin, PA Inflation
Understanding the BLS and Inflation in Franklin, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 Franklin, PA
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