Wakefield, VA's Data
About Wakefield, VA's
Wakefield is a small community located in Sussex County, Virginia. Renowned for its deep historical roots, Wakefield is perhaps best known as the site of the Virginia Diner, a landmark eatery established in 1929. The community is situated in a predominantly rural area of Virginia, offering a glimpse into the state's agricultural heritage and slower-paced lifestyle. Wakefield's history is closely tied to the development of transportation and agriculture in the region.
Things To Do in Wakefield, VA
Hike: Here are a couple of local trails to check out!
Local Attractions in Wakefield, VA
Virginia Diner - An iconic restaurant known for its peanuts and traditional Southern dishes.
Wakefield Peanut Company - A local facility offering tours and insights into the peanut agriculture of Virginia.
Wakefield Sports Complex - A facility providing recreational activities and sports events for the community.
Chippokes Plantation State Park - Nearby park offering historical tours, hiking, and riverfront views.
Riddick's Folly House Museum - A historical museum in nearby Suffolk, showcasing Civil War era history and architecture.
The Economy of Wakefield, VA
Wakefield's economy is primarily driven by agriculture, with peanut farming playing a significant role in the local industry. The presence of the Virginia Diner also boosts the local economy through tourism, attracting visitors with its traditional Southern cuisine and historic charm. Small businesses and local services cater to the community and the surrounding areas, supporting the rural economy of Sussex County.
Wakefield, VA Inflation
Understanding the BLS and Inflation in Wakefield, VA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wakefield, 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 Wakefield, 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 Wakefield, 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 Wakefield, 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 Wakefield, VA
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