Panguitch, UT's Data
About Panguitch, UT's
Panguitch, a small city in Garfield County, Utah, serves as the county seat and is steeped in rich historical significance. The name 'Panguitch' comes from the Paiute word meaning 'big fish,' a nod to the nearby lakes abundant with trout. Founded in March 1864 as a farming and ranching community, the city was originally settled by Mormon pioneers. Its historical architecture, particularly the Panguitch Historic District, showcases well-preserved examples of late 19th and early 20th-century buildings.
Things To Do in Panguitch, UT
Hike: Here are a couple of local trails to check out!
Local Attractions in Panguitch, UT
Bryce Canyon National Park - Noted for its stunning geological structures and ample outdoor activities.
Panguitch Lake - Renowned for excellent trout fishing and scenic beauty.
Red Canyon - Offers picturesque views and trails in a less crowded environment than nearby national parks.
Panguitch Historic District - Features a collection of early 20th-century brick homes and businesses.
Garfield County Fair - An annual event showcasing local culture, agriculture, and crafts.
The Economy of Panguitch, UT
The economy of Panguitch is primarily driven by tourism, agriculture, and local businesses. Its proximity to several natural attractions, including Bryce Canyon National Park and the Dixie National Forest, makes it a popular destination for outdoor and adventure tourism. The city also benefits from the annual Panguitch Quilt Walk Festival, which attracts visitors and celebrates the city's heritage and the arts.
Panguitch, UT Inflation
Understanding the BLS and Inflation in Panguitch, UT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Panguitch, UT. 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 Panguitch, UT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Panguitch, UT 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 Panguitch, UT 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 Panguitch, UT
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