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.
After crossing County Line Road, PA 113 enters Hilltown Township in Bucks County and becomes Souderton Road, passing more businesses as a five-lane road with a center left-turn lane and coming to an interchange with the PA 309 freeway. The road passes more development before it comes to the Bethlehem Pike intersection.