Inflation occurs when the prices of goods and services increase over time. Inflation cannot be measured by an increase in the cost of one product or service, or even several products or services. Rather, inflation is a general increase in the overall price level of the goods and services in the economy.
Elverson, Pennsylvania. Elverson is a borough in Chester County, Pennsylvania, United States. The population was 1,225 at the 2010 census. Settled near the region's early iron mines, Elverson is close to Hopewell Furnace National Historic Site, an example of a 19th-century iron plantation.
For other uses, see Altoona. Altoona is a city in south central Pennsylvania Blair County, Pennsylvania, United States. It is the principal city of the Altoona Metropolitan Statistical Area (MSA). The population was 46,320 at the time of the 2010 Census, making it the eleventh most populous city in Pennsylvania.