Waymart, PA's Data
About Waymart, PA's
Waymart is a small borough located in Wayne County, Pennsylvania. Nestled in the northeastern part of the state, Waymart was incorporated in 1851 and has a rich history tied to the coal mining industry, which was the primary economic driver in its early days. The borough is situated at a notable elevation, making it a scenic destination with a distinct small-town charm. Its proximity to the Pocono Mountains also enhances its appeal as a gateway to natural attractions in the region.
City: Waymart
State: Pennsylvania
Country: United States
Population: Approximately 1,300
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 Waymart, PA
Hike: Here are a couple of local trails to check out!
Local Attractions in Waymart, PA
Waymart Area Historical Society - Showcases local history and artifacts.
Prompton State Park - Offers hiking, fishing, and boating activities.
Elk Mountain Ski Resort - Popular destination for skiing and snowboarding in nearby Union Dale.
Keen Lake Camping and Cottage Resort - Provides camping, swimming, and fishing opportunities.
D&H Rail Trail - A trail for biking and walking, exploring the scenic landscapes.
The Economy of Waymart, PA
Waymart's economy has transitioned from its historical roots in coal mining to a more diversified mix of services and retail. The local economy is supported by small businesses, including dining establishments, shops, and service providers. The presence of the nearby State Correctional Institution – Waymart also contributes to the local economy through employment and related services. Additionally, tourism plays a role, with visitors drawn to the area's natural beauty and outdoor recreational opportunities.
Waymart, PA Inflation
Understanding the BLS and Inflation in Waymart, PA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Waymart, 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 Waymart, 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 Waymart, 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 Waymart, 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 Waymart, PA
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