Olyphant, PA's Data
About Olyphant, PA's
Olyphant is a borough located in Lackawanna County, Pennsylvania. Established in 1877, the borough is named after George Talbot Olyphant, a prominent railroad executive. Olyphant played a significant role in the anthracite coal mining industry during the 19th and early 20th centuries, which shaped its development and historical significance. Nestled in the northeastern part of Pennsylvania, it is part of the Scranton–Wilkes-Barre–Hazleton metropolitan area, offering a blend of historical charm and modern suburban living.
City: Olyphant
State: Pennsylvania
Country: United States
Population: 5,151
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 Olyphant, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Olyphant, PA
Queen City Days - An annual festival celebrating local culture and community spirit with food, games, and entertainment.
Excelsior Hose Company No. 1 - A historic firehouse offering insights into the borough's firefighting history.
Wargo-Monsignor Hrynuck-Beckage Baseball Park - A popular local sports facility hosting various baseball and softball events.
Olyphant Coal Miners' Memorial - A tribute to the borough's coal mining heritage, commemorating the miners who worked in the local mines.
Lackawanna River Heritage Trail - A scenic trail for hiking and biking, showcasing beautiful natural landscapes and wildlife.
The Economy of Olyphant, PA
The economy of Olyphant has transitioned from its historical roots in coal mining to a more diversified mix of manufacturing, retail, and service industries. Modern-day Olyphant benefits from its proximity to major cities like Scranton, facilitating business and commerce. The borough has also seen growth in small businesses and healthcare services, reflecting broader economic trends in the region.
Olyphant, PA Inflation
Understanding the BLS and Inflation in Olyphant, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Olyphant, 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 Olyphant, 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 Olyphant, 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 Olyphant, 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 Olyphant, PA
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