Prospect Park, PA's Data
About Prospect Park, PA's
Prospect Park is a borough in Delaware County, Pennsylvania, United States. It is located near the city of Philadelphia and was incorporated in 1894 from portions of Ridley Township. Prospect Park is part of the Philadelphia metropolitan area, which contributes to its suburban character. The borough is known for its small-town feel while still providing access to the amenities of a larger urban area.
City: Prospect Park
State: Pennsylvania
Country: United States
Population: 6,500
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 Park, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Prospect Park, PA
Witmer Field - A popular recreational area with sports facilities and playgrounds.
Prospect Park Historical Society - Offers insights into the borough's history and heritage.
Park Square - Central community gathering place known for local events and festivities.
Interboro Veterans Memorial - A monument dedicated to honoring military veterans from the area.
Governor Printz Park - A scenic park along the Delaware River, offering walking paths and picnic areas.
The Economy of Prospect Park, PA
The economy of Prospect Park is primarily driven by local businesses and services that cater to the needs of its residents. The proximity to Philadelphia allows many residents to commute to the city for work, making it largely a bedroom community. Retail and educational services also play significant roles in the local economy, supplemented by small manufacturing and healthcare sectors.
Prospect Park, PA Inflation
Understanding the BLS and Inflation in Prospect Park, 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 Park, 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 Park, 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 Park, 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 Park, 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 park, PA
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