Melbourne, AR's Data
About Melbourne, AR's
Melbourne, Arkansas, is a charming city nestled in Izard County. Established in 1875, Melbourne serves as the county seat and has a rich history rooted in its early settlement during the expansion of the United States westward. The city's location in the Ozark Mountains provides a picturesque setting and contributes to its unique cultural and historical significance in the region.
Things To Do in Melbourne, AR
Hike: Here are a couple of local trails to check out!
Local Attractions in Melbourne, AR
Cooper's Hawk Golf Course - A well-maintained 18-hole golf course offering scenic views and challenging play.
Izard County Historical and Genealogical Society - A resource center dedicated to preserving and showcasing the history and heritage of Izard County.
Melbourne City Park - A local park featuring playgrounds, picnic areas, and sports facilities for community events and family outings.
White River - Popular for fishing, canoeing, and kayaking, providing a natural retreat for outdoor enthusiasts.
Ozark Folk Center State Park - Located nearby, this park preserves and interprets the cultural heritage of the Ozark Mountains through crafts, music, and historical demonstrations.
The Economy of Melbourne, AR
The economy of Melbourne, AR, is predominantly supported by local businesses, agriculture, and small manufacturing. The city benefits from its role as the county seat, which stabilizes its economy through government-related employment. Additionally, Melbourne's economy is supplemented by tourism, particularly from visitors drawn to the natural beauty and outdoor activities available in the surrounding Ozark Mountains.
Melbourne, AR Inflation
Understanding the BLS and Inflation in Melbourne, AR
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Melbourne, AR. 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 Melbourne, AR understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Melbourne, AR 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 Melbourne, AR 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 Melbourne, AR
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