Norfolk, VA's Data
About Norfolk, VA's
Norfolk, located at the core of the Hampton Roads metropolitan area in southeastern Virginia, is a city with a rich historical tapestry and a vibrant cultural scene. Founded in 1682, Norfolk has a long maritime history, significantly influenced by its strategic location at the mouth of the Chesapeake Bay. It serves as a crucial naval base and a vital transportation and commerce hub. The city's architecture and neighborhoods reflect a blend of old-world heritage and modern-day developments.
Things To Do in Norfolk, VA
Hike: Here are a couple of local trails to check out!
Local Attractions in Norfolk, VA
USS Wisconsin - A historic Iowa-class battleship that served in World War II, now a museum ship at Nauticus, a maritime-themed science center.
Norfolk Botanical Garden - Features over 60 themed gardens spread across 175 acres, accessible by tram, boat, or foot.
Chrysler Museum of Art - Offers a broad collection of art pieces ranging from ancient to contemporary, plus glass art demonstrations in its studio.
Virginia Zoo - Home to hundreds of animals, focusing on conservation and education, set in a beautifully landscaped 53-acre park.
NEON District - The New Energy of Norfolk provides a neighborhood canvas showcasing vibrant street art, unique galleries, and eclectic shops.
The Economy of Norfolk, VA
Norfolk's economy is heavily anchored by its defense sector, primarily due to the presence of the Norfolk Naval Base, the largest naval base in the world. This military presence has spurred growth in related industries, including shipbuilding, technology, and aerospace. Beyond defense, Norfolk has a diversified economy that includes health care, transportation, and international commerce, facilitated by the Port of Virginia, one of the busiest ports on the East Coast. The city also fosters a growing arts, entertainment, and tourism sector.
Norfolk, VA Inflation
Understanding the BLS and Inflation in Norfolk, VA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Norfolk, 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 Norfolk, 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 Norfolk, 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 Norfolk, 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 Norfolk, VA
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