Hampton, VA's Data
About Hampton, VA's
Hampton, Virginia, located on the southeastern end of the Virginia Peninsula, is one of the oldest cities in the United States, with its history dating back to 1610 when it was settled by English colonists. This historic city has played significant roles throughout American history, notably during the Civil War and as a focal point for NASA's space research. Hampton's rich heritage is complemented by its coastal geography, making it a strategic location for both military and aerospace developments.
Things To Do in Hampton, VA
Hike: Here are a couple of local trails to check out!
Local Attractions in Hampton, VA
Virginia Air & Space Center - A museum and educational facility that features exhibits on air and space travel, affiliated with NASA.
Fort Monroe National Monument - A historical fort that played a critical role during the Civil War and offers tours and recreational activities.
Hampton History Museum - Showcases the city's long history from Native American times to the present day.
Buckroe Beach and Park - A popular spot for swimming, sunbathing, and hosting outdoor festivals.
Bluebird Gap Farm - A 60-acre farm park that features a variety of farm animals, picnic areas, and a playground.
The Economy of Hampton, VA
Hampton's economy is heavily influenced by its proximity to military installations, including Langley Air Force Base and significant NASA research facilities. These establishments provide a substantial number of jobs and foster a robust local economy centered around defense and technology. Additionally, the city benefits from a growing tourism sector, driven by its historical sites, waterfront activities, and events like the annual Hampton Jazz Festival, contributing to the city's economic diversity.
Hampton, VA Inflation
Understanding the BLS and Inflation in Hampton, VA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hampton, VA. 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 Hampton, VA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Hampton, VA 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 Hampton, VA 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 Hampton, VA
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