Prospect, PA's Data
About Prospect, PA's
Prospect is a borough located in Butler County, Pennsylvania. Founded in 1825, Prospect has a rich historical background with its development closely tied to the surrounding agricultural and mining industries. The borough is situated approximately 52 miles north of Pittsburgh, providing a small-town atmosphere while being close enough to the amenities of a larger city. Prospect is known for its community-oriented lifestyle and scenic landscapes, making it a charming example of western Pennsylvania's rural heritage.
City: Prospect
State: Pennsylvania
Country: United States
Population: 1,169
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 Prospect, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Prospect, PA
Prospect Community Park - A central recreational area offering playgrounds, sports fields, and picnic facilities.
Moraine State Park - Located nearby, this park offers extensive outdoor activities including hiking, biking, and boating on Lake Arthur.
Harmony Museum - A short drive from Prospect, this museum showcases the rich history of the Harmony Society, a 19th-century religious communal society.
McConnells Mill State Park - Also close by, this state park features beautiful scenery, a historic gristmill, and opportunities for rock climbing and kayaking.
Slippery Rock University - Located in the nearby town of Slippery Rock, this university enriches the area with cultural and educational events.
The Economy of Prospect, PA
The economy of Prospect, PA, has historically been anchored in agriculture, with dairy farming and crop production being predominant. Over the years, the local economy has diversified to include small businesses, retail services, and light manufacturing. The proximity to major highways and cities like Pittsburgh also facilitates a commuter workforce, which supports the local economy through spending in local businesses and services.
Prospect, PA Inflation
Understanding the BLS and Inflation in Prospect, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Prospect, 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 Prospect, 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 Prospect, 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 Prospect, 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 Prospect, PA
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