Newport, VT's Data
About Newport, VT's
Newport, situated in Orleans County, Vermont, is a charming city that serves as the county seat. Nestled on the southern shore of Lake Memphremagog, it is just a few miles from the Canadian border. The city's history dates back to the early 19th century, originally thriving as a mill town. Over the years, Newport has evolved but retains a strong sense of its historical roots, reflected in its architecture and local culture.
Things To Do in Newport, VT
Hike: Here are a couple of local trails to check out!
Local Attractions in Newport, VT
Lake Memphremagog - A scenic lake offering boating, fishing, and waterfront activities.
Newport City Dock - Provides access to the lake and is a focal point for community events and gatherings.
Prouty Beach & Campground - Popular for its beach, camping facilities, and family-friendly recreational options.
Gardner Memorial Park - Features walking trails, sports fields, and picnic areas for public enjoyment.
Goodrich Memorial Library - A historic building with a vast collection of books and resources, serving as a cultural hub.
The Economy of Newport, VT
The economy of Newport is diverse, with a significant emphasis on tourism, retail, and services. The presence of Lake Memphremagog attracts numerous visitors year-round for recreational activities, which supports local businesses and contributes to the economic vitality of the area. Additionally, Newport has a growing local business sector, including small manufacturing and healthcare services, which provide employment and support the community's economic infrastructure.
Newport, VT Inflation
Understanding the BLS and Inflation in Newport, VT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Newport, VT. 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 Newport, VT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Newport, VT 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 Newport, VT 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 Newport, VT
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