Pharr, TX's Data
About Pharr, TX's
Pharr is a vibrant city located in Hidalgo County, Texas, part of the McAllen–Edinburg–Mission metropolitan area. Established in 1909 and incorporated in 1916, Pharr has grown significantly due to its strategic location near the Rio Grande, serving as a key port of entry from Mexico. The city's rich cultural heritage and historical ties to the development of the Rio Grande Valley contribute to its unique character.
Things To Do in Pharr, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Pharr, TX
Pharr-Reynosa International Bridge - A major point of entry between the U.S. and Mexico, facilitating numerous cultural and economic exchanges.
Smitty's Juke Box Museum - A unique museum featuring vintage jukeboxes and memorabilia from the golden age of American music.
Basilica of Our Lady of San Juan del Valle - A national shrine and significant pilgrimage site for Catholics, located nearby in San Juan.
Fireman's Park - A popular local spot for family outings, featuring picnic areas, walking trails, and a lake for fishing.
The Old Clock Museum - Showcases a collection of antique clocks, offering insights into the history of timekeeping.
The Economy of Pharr, TX
Pharr's economy is heavily influenced by its position on the United States-Mexico border, making international trade a significant economic driver. The city benefits from its proximity to the Pharr-Reynosa International Bridge, one of the busiest ports of entry, which supports its logistics and transportation sectors. Retail, healthcare, and education also play crucial roles in the local economy, with ongoing developments enhancing its economic landscape.
Pharr, TX Inflation
Understanding the BLS and Inflation in Pharr, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Pharr, TX. 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 Pharr, TX understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Pharr, TX 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 Pharr, TX 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 Pharr, TX
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