Oviedo, FL's Data
About Oviedo, FL's
Oviedo is a city located in Seminole County, Florida, part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. Established by homesteaders in the 19th century, Oviedo has retained much of its historic charm while integrating modern amenities. The city's name, inspired by the Spanish city of Oviedo, reflects its founders' heritage. Known for its historic houses and buildings, Oviedo also features a distinct rural ambiance with numerous lakes, making it a picturesque locale in central Florida.
Things To Do in Oviedo, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Oviedo, FL
Oviedo on the Park - A central community space offering events, water features, and venues for local gatherings.
Black Hammock Adventures - An adventurous spot for airboat rides and wildlife viewing, showcasing Florida's natural beauty.
The Oviedo Mall - A regional shopping center that includes a variety of retail stores, dining options, and a cinema.
Lukas Nursery & Butterfly Encounter - A family-owned nursery that includes a butterfly garden and educational tours.
Friendship Park - A recreational area with playgrounds, sports facilities, and open spaces for community events.
The Economy of Oviedo, FL
Oviedo's economy is bolstered by a mix of retail, small businesses, and educational institutions, with the nearby University of Central Florida serving as a significant contributor to local employment and economic activity. The city has seen growth in healthcare and technology sectors, attracting professionals and contributing to the local economy. The Oviedo Mall, with its mix of shops and entertainment options, serves as a commercial hub for the city and surrounding areas.
Oviedo, FL Inflation
Understanding the BLS and Inflation in Oviedo, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oviedo, 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 Oviedo, 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 Oviedo, 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 Oviedo, 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 Oviedo, FL
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