Melbourne, FL's Data
About Melbourne, FL's
Melbourne, located in Brevard County, Florida, is a vibrant city on the Space Coast, known for its proximity to the Kennedy Space Center and beautiful beaches. Established in 1888, the city was named after Melbourne, Australia, through the influence of its first postmaster, Cornthwaite John Hector, an Englishman who had spent much of his life in Australia. Melbourne is part of the Palm Bay-Melbourne-Titusville Metropolitan Area and serves as a hub for both technology and space-related industries.
Things To Do in Melbourne, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Melbourne, FL
Brevard Zoo - A compact zoo featuring a wide variety of animals and interactive experiences.
Historic Downtown Melbourne - Offers a mix of shopping, dining, and periodic festivals in a quaint, historic setting.
Wickham Park - A large public park known for its recreational facilities, including camping and a disc golf course.
Foosaner Art Museum - Features a collection of modern and contemporary art, with educational programs and exhibitions.
King Center for the Performing Arts - A prominent venue for musical performances, theater, and dance.
The Economy of Melbourne, FL
Melbourne's economy is heavily influenced by its location near the Space Coast, making aerospace and technology key economic drivers. Companies like Northrop Grumman, Harris Corporation, and the nearby Kennedy Space Center provide a significant number of jobs in engineering, aerospace, and technology fields. The city also benefits from the healthcare sector, tourism, and a growing retail environment, reflecting its diverse economic base.
Melbourne, FL Inflation
Understanding the BLS and Inflation in Melbourne, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Melbourne, FL. 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, FL 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, FL 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, FL 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, FL
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